Earnings Reports Due – Salesforce (CRM) Needs to Impress
August 26, 2013 7:34 am
Coming into the final part of earnings season, Salesforce.com (CRM) needs to put up some good numbers. The stock has been a perennial favorite of the MOMO crowd and the company is showing some maturing indications. For a while, they were one of the only games in town for cloud CRM at their level, but very recently a couple of players have entered the market, in direct competition. One that needs to be mentioned is Infusionsoft, a private company which is aggressively marketing in an attempt to take share away from Salesforce.
We will be interested in what management has to says as well as the results. Below are the estimates for Salesforce as well as other key companies that are reporting this week: