Salesforce Announces Fiscal 2016 Second Quarter Results
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Wedbush Raises Price Target on salesforce.com (CRM) Following EPS Beat
August 21, 2015 9:47 AM EDTWedbush reiterated a Neutral rating on salesforce.com (NYSE: CRM), and raised the price target to $73.00 (from $72.00), following the company's 2Q16 earnings results. CRM reported 2Q16 revenue of $1,635M, above consensus of $1,598M, and above the guidance range of $1,590M - $1,600M. Non-GAAP EPS of $0.19,... More
UBS Raises Price Target on salesforce.com (CRM) to $89 Following 2Q16 Results
August 21, 2015 8:34 AM EDTUBS reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target to $89.00 (from $85.00), following the company's 2Q16 earnings results. Revenue of $1,635M beat the Street's $1,599M and guidance of $1,590-1,600M. EPS of $0.19 beat Street's $0.18 estimate, and guidance of $0.17-0.18.
Analyst Brent Thill commented,... More
Pivotal Research Upgrades salesforce.com (CRM) to Buy
August 21, 2015 6:54 AM EDTPivotal Research upgraded salesforce.com (NYSE: CRM) from Hold to Buy with a price target of $82.00 (from $79.00). Analyst Brian Wieser called salesforce.com's Q2 results "solid."
"Salesforce.com reported solid 2Q16 earnings yesterday which exceeded consensus expectations for revenues and profitability. Guidance for... More
salesforce.com (CRM) Tops Q2 EPS by 1c, Offers Q3 & FY Guidance
August 20, 2015 4:08 PM EDTsalesforce.com (NYSE: CRM) reported Q2 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.6 billion.
salesforce.com sees Q3 2016 EPS of $0.18-$0.19, versus the consensus of $0.18. salesforce.com sees Q3 2016... More
