Earnings Calendar (26 Feb 2024)

KYHBKO
02-25

Earnings Calendar (26 Feb 2024)

This week has several earnings of interest that include Baidu, Zoom, Dell, Salesforce and HP.

Let us look at the recent performance of Salesforce

Observations:

  • Revenue grew from $4B (2014) to $31.3B (TTM 2023) - almost 8x.

  • Gross Profit grew from $3.1B (2014) to $22.9B (TTM 2023) - almost 7x.

  • Operating profits grew from a loss of $286M (2014) to $1,858M (TTM 2023).

Salesforce has laid off about 700 workers recently. Will this translate to improved profits in the coming months?

For the coming earnings, the forecast of its EPS and Revenue are $2.27 and $9.22B respectively. Can Salesforce reach a new high following its earnings?

@TigerStars

$Hewlett Packard Enterprise(HPE)$

$Salesforce.com(CRM)$

$Zoom(ZM)$

Q4 Earnings Season Coming! What's Your Take?
The fourth-quarter financial results have commenced, and four out of the six major banks on Wall Street have reported less than optimistic outcomes. A higher number and percentage of S&P 500 companies have issued negative earnings per share (EPS) guidance for Q4 compared to both the 5-year and 10-year averages. ----------------------- Share your insights about Q4 earnings season to win tiger coins!
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