Salesforce.com First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component salesforce.com, inc. (NYSE:CRM) will unveil its latest earnings on Thursday, May 17, 2012. Salesforce.com is a cloud computing company, which provides customer relationship management products to businesses. It offers a technology platform for Internet-based computing, storage, and connectivity solutions for customers and developers.

salesforce.com, inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for the company to break even after the company reported profit of 6 cents per share in the year-earlier quarter. During the past three months, the average estimate has moved down from 7 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at breaking even during the last month. Analysts are projecting profit to rise by 67.7% compared to last year’s 10 cents.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 5 cents, reporting net income of 9 cents per share against a mean estimate of profit of 4 cents per share.

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Wall St. Revenue Expectations: Analysts predict a rise of 34.5% in revenue from the year-earlier quarter to $678.1 million.

Analyst Ratings: Analysts are optimistic about this stock, with 26 analysts rating it as a buy, two rating it as a sell and four rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, the company swung to a loss of $4.1 million (3 cents a share) from a profit of $10.9 million (7 cents) a year earlier, but beat analyst expectations. Revenue rose 38.3% to $631.9 million from $456.9 million.

ion (7 cents) a year earlier, but beat analyst expectations. Revenue rose 38.3% to $631.9 million from $456.9 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 36.7%, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose 38.4% from the year earlier quarter.

Stock Price Performance: Between April 13, 2012 and May 11, 2012, the stock price dropped $21.59 (-13.5%), from $159.37 to $137.78. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011, when shares rose for six straight days, increasing 10.8% (+$13.33) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight straight days, dropping 23.2% (-$31.67) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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