Mixed Demand and AI Potential Ahead

  • Salesforce is expected to report April quarter results with low expectations
  • Analyst Brian Schwartz projects revenue growth of about 11% for a total of $9.15 billion
  • Revenue guidance is between $9.12 and $9.17 billion
  • Salesforce’s operating profit margin is expected to match the previous quarter’s 33%
  • Earnings per share projection is between $2.37 and $2.39
  • Current Remaining Performance Obligation growth guidance is for 12%
  • Salesforce’s stock sells at a lower multiple than other large capitalization software names

Salesforce is set to report its April quarter results with low expectations, according to analyst Brian Schwartz. The company’s revenue growth is projected at around 11% for a total of $9.15 billion. Revenue guidance ranges from $9.12 to $9.17 billion. Salesforce has focused on improving profit margins and is expected to maintain the previous quarter’s operating profit margin of 33%. Earnings per share projection is between $2.37 and $2.39. The company’s Current Remaining Performance Obligation growth guidance stands at 12%. Salesforce’s stock sells at a lower multiple than other large capitalization software names, offering potential for growth if earnings increase.

Factuality Level: 8
Factuality Justification: The article provides accurate and objective information about Salesforce’s upcoming quarterly results, analyst expectations, and the company’s focus on improving profit margins and artificial intelligence development. It also includes different perspectives from two analysts, providing a balanced view of the situation.
Noise Level: 4
Noise Justification: The article provides some relevant information about Salesforce’s upcoming quarterly results and analyst expectations but also includes unnecessary details such as the text-to-speech technology feature and personal opinions of analysts on stock valuation.
Public Companies: Salesforce (CRM)
Key People: Brian Schwartz (Analyst at Oppenheimer), John DiFucci (Analyst at Guggenheim)

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Financial Relevance: Yes
Financial Markets Impacted: Salesforce’s stock and other large capitalization software companies
Financial Rating Justification: The article discusses Salesforce’s financial performance, revenue growth, profit margins, and stock price, which can impact the company’s stock value and potentially affect other large capitalization software companies in the market.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.

Reported publicly: www.marketwatch.com