Salesforce, Inc. (NYSE:CRM) will release its first-quarter earnings results after the closing bell on Wednesday, May 28.
Analysts expect the San Francisco, California-based company to report quarterly earnings at $2.55 per share, up from $2.44 per share in the year-ago period. Salesforce projects to report quarterly revenue at $9.75 billion, compared to $9.13 billion a year earlier, according to data from Benzinga Pro.
On Tuesday, Salesforce officially agreed to acquire Informatica for approximately $8 billion in equity value, net of Salesforce's current investment in Informatica.
Salesforce shares gained 1.5% to close at $277.19 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
Considering buying CRM stock? Here’s what analysts think:
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