Salesforce.com inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component salesforce.com, inc. (NYSE:CRM) will unveil its latest earnings on Thursday, February 23, 2012. Salesforce.com is a cloud computing company, which provides customer relationship management (NYSE:CRM) 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 analyst estimate is for profit of 4 cents per share, a decline of 66.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 3 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. Analysts are projecting profit to rise by 72.7% compared to last year’s 18 cents.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 7 cents per share versus a mean estimate of profit of 3 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 36.3% in revenue from the year-earlier quarter to $622.9 million.

Analyst Ratings: Analysts are bullish on this stock, with 29 analysts rating it as a buy, two rating it as a sell and five rating it as a hold.

A Look Back: In the third quarter, the company swung to a loss of $3.8 million (3 cents a share) from a profit of $21.1 million (15 cents) a year earlier, but beat analyst expectations. Revenue rose 36.2% to $584.3 million from $429.1 million.

Key Stats:

Salesforce.com has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 34.4%, with the biggest boost coming in the second quarter when revenue rose 38.4% from the year earlier quarter.

Stock Price Performance: Between December 20, 2011 and February 17, 2012, the stock price had risen $24.85 (23.8%), from $104.32 to $129.17. 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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