What Salesforce's Earnings Mean for Mutual Fund Investors (CRM)

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What Salesforce's Earnings Mean for Mutual Fund Investors (CRM)

Shauna O'Brien Nov 20, 2014



Inside CRM’s Q4 Results


The company reported a net loss of $38.9 million, or 6 cents per share, compared to a net loss of $124.4 million, or 21 cents per share, a year ago. Excluding special items, earnings were 14 cents per share, compared to 9 cents per share last year. On average, analysts expected to see adjusted earnings of 13 cents per share.

Revenue
Revenue increased to $1.38 billion from $1.08 billion last year. On average, analysts expected to see revenue of $1.37 billion.

Outlook
Looking ahead, the company expects to see fourth quarter adjusted earnings of between 13 cents and 14 cents per share. Revenue is expected to be about $1.44 billion. Analysts expect to see EPS of 15 cents and revenue of $1.45 billion,

For FY2015, the company expects to see earnings between 51 cents and 52 cents and $5.37 billion in revenue. Analysts expect to see earnings of 52 cents and $5.37 billion in revenue.


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