Earnings Calendar (26Aug24) - Is Salesforce worth a look?

KYHBKO
08-24

Earnings Calendar (26Aug24)

Q3/2024 starts and a few earnings are coming in the coming week.

There are a few earnings of interest in the coming week, namely NVIDIA, Salesforce, CrowdStrike and HP.

Let us look at Salesforce’s earnings.

Salesforce has been ranging sideways since June 2024.

The stock price has risen 28.46% compared to a year ago.

Observations about Salesforce’s recent performances:

  • Revenue grew from $5.37 billion in 2015 to $34.8 billion in 2024

  • The operating profit started with a loss of $146 million in 2015 and it became $5.99 billion in 2024.

  • gross profit margin fluctuates at 74.2% over the 10-year median margin.

  • The PE of the stock stands at 45.8

  • The 10-year medium margin of free cash flow (FCF) stands at 21%

  • The earnings per share (EPS) started with a -$0.42 in 2015 and ended 2024 at $4.20.

The forecast of the earnings is $2.35 and $9.22B for the EPS and revenue respectively. Personally, Salesforce was a stock of interest which I prefer to monitor for now.

@TigerStars

$NVIDIA Corp(NVDA)$

$Salesforce.com(CRM)$

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