Salesforce, Inc. CRM is scheduled to release second-quarter fiscal 2027 results on Aug. 26.
For the second quarter, the company expects total revenues between $11.27 billion and $11.35 billion (midpoint at $11.31 billion). The Zacks Consensus Estimate for second-quarter revenues is pegged at $11.32 billion, which indicates an increase of 10.6% from the year-ago quarter’s reported figure.
CRM anticipates non-GAAP earnings per share in the band of $3.25-$3.27 for the second quarter. The consensus mark for non-GAAP earnings has remained unchanged at $3.27 over the past 60 days, which suggests a 12.4% jump from the year-ago quarter’s level.
Salesforce’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 17.3%.
Salesforce, Inc. Price and EPS Surprise
Salesforce, Inc. price-eps-surprise | Salesforce, Inc. Quote
What the Zacks Model Unveils for CRM
Our proven model does not conclusively predict an earnings beat for Salesforce this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.
Earnings ESP: Salesforce has an Earnings ESP of 0.00% at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: CRM currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Influence Salesforce’s Q2 Results
Salesforce appears well-positioned to report decent second-quarter results, driven by its strategic focus on digital transformation and cloud solutions. With businesses globally undergoing digital overhauls, Salesforce’s commitment to aligning its product offerings with customer needs is likely to have boosted its revenues for the quarter.
The growing demand for generative AI-enabled cloud solutions has been a major catalyst for Salesforce. By embedding generative AI tools across its products, the company not only enhances customer engagement but also strengthens its competitive position in the customer relationship management space. This forward-thinking approach might have significantly contributed to its top-line growth during the to-be-reported quarter.
Salesforce’s ability to deepen relationships with leading brands across industries and expand its reach in key geographic markets remains a cornerstone of its growth strategy. The company’s increasing footprint in the public sector is likely to have provided a further boost, unlocking new growth opportunities during the second quarter.
