Earnings for the week 27May24 - Salesforce, is it worth a second look?

Earnings Calendar (27 May 2024)

There are a few earnings of interest in the coming week that include UI Path, Salesforce, Costco, HP and Dell.

Let us look at Salesforce in detail.

Observations of recent performances:

The revenue of Salesforce grew from $5.3 billion in 2015 to $34.8 billion in FY2024.
Gross profit has grown from $4 billion in 2015 to over $26 billion in FY2024.
Operating profit started with a loss of $148 million in 2015. In the latest it reached a record profit of $5.9 billion in FY2024.
Earnings per share has exploded to an all-time high of $4.20 in FY2024.
The price-earning ratio P/E stands at 65.4.

Investing has a “Strong Sell” rating.

The stock price rose 29.72% from a year ago.

For the coming earnings, Salesforce has a forecast of 2.37 and $9.15B for its EPS and revenue respectively.

There is news of insider sales of USD$253m in Salesforce. There is one reason to buy and probably 1,000,000 reasons to sell. But insider sales should still be part of our consideration due to the insights they have pertaining to the business. Not all insider sales represent something negative about the business but they could also be seen as bad news by some.

Personally, this is becoming a stock of interest but I prefer to observe before shortlisting this stock.

$Salesforce.com(CRM)$

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Comments

PhoenixWhitman
05-27
PhoenixWhitman
Great analysis on Salesforce's recent performance and upcoming earnings!
- KYHBKO:
  thanks for your kind words. last week was rushing some project deadlines.

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This is your chance to make your voice heard and be rewarded for it.","image":"https://community-static.tradeup.com/news/226f74fc48e6128c70f9e6c72588e791"}],"images":[{"img":"https://community-static.tradeup.com/news/4dad11f39ad78f9ccd52b0bc8ebdf887","width":"1456","height":"819"},{"img":"https://community-static.tradeup.com/news/b03d1f5abb6307efa48e6ec8ea1302cb","width":"1456","height":"1088"},{"img":"https://community-static.tradeup.com/news/90f4dda31e1a872a4d6ad491fbc4a0b9","width":"1406","height":"1230"},{"img":"https://community-static.tradeup.com/news/46d02eefeeb299a985375af65e722052","width":"1018","height":"1334"},{"img":"https://community-static.tradeup.com/news/e623641a418b4ce41d2eedad1a5d5c9a","width":"1456","height":"970"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/4dad11f39ad78f9ccd52b0bc8ebdf887","width":"1456","height":"819"},{"img":"https://community-static.tradeup.com/news/b03d1f5abb6307efa48e6ec8ea1302cb","width":"1456","height":"1088"},{"img":"https://community-static.tradeup.com/news/90f4dda31e1a872a4d6ad491fbc4a0b9","width":"1406","height":"1230"}],"title":"Earnings for the week 27May24 - Salesforce, is it worth a second look?","html":"<html><head></head><body><h2>Earnings Calendar (27 May 2024)</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4dad11f39ad78f9ccd52b0bc8ebdf887\" tg-width=\"1456\" tg-height=\"819\"></p>\n<p style=\"text-align: left;\">There are a few earnings of interest in the coming week that include UI Path, Salesforce, Costco, HP and Dell.</p>\n<p style=\"text-align: left;\"></p>\n<p style=\"text-align: left;\">Let us look at&nbsp;<strong>Salesforce</strong>&nbsp;in detail.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b03d1f5abb6307efa48e6ec8ea1302cb\" tg-width=\"1456\" tg-height=\"1088\"></p>\n<p style=\"text-align: left;\"><strong>Observations of recent performances:</strong></p>\n<ul>\n <li><p>The revenue of Salesforce grew from $5.3 billion in 2015 to $34.8 billion in FY2024.</p></li>\n <li><p>Gross profit has grown from $4 billion in 2015 to over $26 billion in FY2024.</p></li>\n <li><p>Operating profit started with a loss of $148 million in 2015. In the latest it reached a record profit of $5.9 billion in FY2024.</p></li>\n <li><p>Earnings per share has exploded to an all-time high of $4.20 in FY2024.</p></li>\n <li><p>The price-earning ratio P/E stands at 65.4.</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/90f4dda31e1a872a4d6ad491fbc4a0b9\" tg-width=\"1406\" tg-height=\"1230\"></p>\n<p style=\"text-align: left;\">Investing has a “Strong Sell” rating.</p>\n<p style=\"text-align: left;\">The stock price rose 29.72% from a year ago.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/46d02eefeeb299a985375af65e722052\" tg-width=\"1018\" tg-height=\"1334\"></p>\n<p style=\"text-align: left;\">For the coming earnings, Salesforce has a forecast of 2.37 and $9.15B for its EPS and revenue respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e623641a418b4ce41d2eedad1a5d5c9a\" tg-width=\"1456\" tg-height=\"970\"></p>\n<p style=\"text-align: left;\">There is news of insider sales of USD$253m in Salesforce. There is one reason to buy and probably 1,000,000 reasons to sell. But insider sales should still be part of our consideration due to the insights they have pertaining to the business. Not all insider sales represent something negative about the business but they could also be seen as bad news by some.</p>\n<p style=\"text-align: left;\">Personally, this is becoming a stock of interest but I prefer to observe before shortlisting this stock.</p>\n<p> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> </p>\n<p> <a href=\"https://ttm.financial/S/COST\">$Costco(COST)$</a> </p>\n<p> <a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a> </p></body></html>","htmlText":"<html><head></head><body><h2>Earnings Calendar (27 May 2024)</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4dad11f39ad78f9ccd52b0bc8ebdf887\" tg-width=\"1456\" tg-height=\"819\"></p>\n<p style=\"text-align: left;\">There are a few earnings of interest in the coming week that include UI Path, Salesforce, Costco, HP and Dell.</p>\n<p style=\"text-align: left;\"></p>\n<p style=\"text-align: left;\">Let us look at&nbsp;<strong>Salesforce</strong>&nbsp;in detail.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b03d1f5abb6307efa48e6ec8ea1302cb\" tg-width=\"1456\" tg-height=\"1088\"></p>\n<p style=\"text-align: left;\"><strong>Observations of recent performances:</strong></p>\n<ul>\n <li><p>The revenue of Salesforce grew from $5.3 billion in 2015 to $34.8 billion in FY2024.</p></li>\n <li><p>Gross profit has grown from $4 billion in 2015 to over $26 billion in FY2024.</p></li>\n <li><p>Operating profit started with a loss of $148 million in 2015. In the latest it reached a record profit of $5.9 billion in FY2024.</p></li>\n <li><p>Earnings per share has exploded to an all-time high of $4.20 in FY2024.</p></li>\n <li><p>The price-earning ratio P/E stands at 65.4.</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/90f4dda31e1a872a4d6ad491fbc4a0b9\" tg-width=\"1406\" tg-height=\"1230\"></p>\n<p style=\"text-align: left;\">Investing has a “Strong Sell” rating.</p>\n<p style=\"text-align: left;\">The stock price rose 29.72% from a year ago.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/46d02eefeeb299a985375af65e722052\" tg-width=\"1018\" tg-height=\"1334\"></p>\n<p style=\"text-align: left;\">For the coming earnings, Salesforce has a forecast of 2.37 and $9.15B for its EPS and revenue respectively.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e623641a418b4ce41d2eedad1a5d5c9a\" tg-width=\"1456\" tg-height=\"970\"></p>\n<p style=\"text-align: left;\">There is news of insider sales of USD$253m in Salesforce. There is one reason to buy and probably 1,000,000 reasons to sell. But insider sales should still be part of our consideration due to the insights they have pertaining to the business. Not all insider sales represent something negative about the business but they could also be seen as bad news by some.</p>\n<p style=\"text-align: left;\">Personally, this is becoming a stock of interest but I prefer to observe before shortlisting this stock.</p>\n<p> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> </p>\n<p> <a href=\"https://ttm.financial/S/COST\">$Costco(COST)$</a> </p>\n<p> <a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a> </p></body></html>","text":"Earnings Calendar (27 May 2024) There are a few earnings of interest in the coming week that include UI Path, Salesforce, Costco, HP and Dell. Let us look at Salesforce in detail. Observations of recent performances: The revenue of Salesforce grew from $5.3 billion in 2015 to $34.8 billion in FY2024. Gross profit has grown from $4 billion in 2015 to over $26 billion in FY2024. Operating profit started with a loss of $148 million in 2015. In the latest it reached a record profit of $5.9 billion in FY2024. Earnings per share has exploded to an all-time high of $4.20 in FY2024. The price-earning ratio P/E stands at 65.4. Investing has a “Strong Sell” rating. The stock price rose 29.72% from a year ago. For the coming earnings, Salesforce has a forecast of 2.37 and $9.15B for its EPS and revenue respectively. There is news of insider sales of USD$253m in Salesforce. There is one reason to buy and probably 1,000,000 reasons to sell. But insider sales should still be part of our consideration due to the insights they have pertaining to the business. Not all insider sales represent something negative about the business but they could also be seen as bad news by some. Personally, this is becoming a stock of interest but I prefer to observe before shortlisting this stock. @TigerStars $Costco(COST)$ $Salesforce.com(CRM)$","highlighted":1,"essential":1,"paper":2,"likeSize":41,"commentSize":2,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/310071699013864","repostId":0,"isVote":1,"tweetType":1,"viewCount":492,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CRM","COST"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1107,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":310435050061960,"commentId":"310435050061960","gmtCreate":1716799151191,"gmtModify":1716891395303,"authorId":9000000000000421,"author":{"id":9000000000000421,"idStr":"9000000000000421","authorId":9000000000000421,"name":"PhoenixWhitman","avatar":"https://static.tigerbbs.com/a1ad1b1423595443786a811bd5d0be2b","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":310071699013864,"objectIdStr":"310071699013864","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great analysis on Salesforce's recent performance and upcoming earnings!","text":"Great analysis on Salesforce's recent performance and upcoming earnings!","html":"Great analysis on Salesforce's recent performance and upcoming earnings!","likeSize":1,"commentSize":1,"subComments":[{"id":312563160010968,"commentId":"312563160010968","gmtCreate":1717335099927,"gmtModify":1717335107223,"authorId":3574381076586256,"author":{"id":3574381076586256,"idStr":"3574381076586256","authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.22","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":310071699013864,"objectIdStr":"310071699013864","type":1,"supId":310435050061960,"supIdStr":"310435050061960","prevId":0,"prevIdStr":"0","content":"thanks for your kind words.&nbsp; last week was rushing some project deadlines.","text":"thanks for your kind words.&nbsp; last week was rushing some project deadlines.","html":"thanks for your kind words.&nbsp; last week was rushing some project deadlines."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/310071699013864"}