30 05, 2024

Salesforce Earnings Send the Stock Plummeting 20%: Time to Cut Losses if You Haven’t Already?

By |2024-05-30T16:31:40+00:00May 30th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Salesforce.com (CRM) is at risk of taking on its biggest single-day loss since August of 2008 today. The company’s Q1 earnings sent shares down more than 20% Thursday morning as the software industry continues to get battered and bruised. Fiscal first-quarter revenue came in at $9.13 billion, which was slightly below the FactSet consensus [...]

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30 11, 2023

Salesforce Gains 6% on Upbeat Earnings and Full-Year Forecast: 3 Reasons to Buy This Stock

By |2023-12-07T19:47:15+00:00November 30th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Salesforce (CRM) delivered impressive third quarter earnings along with an upbeat profit forecast for the remainder of the year, sending shares 9% higher Thursday morning. They’ve since settled around 6%. The company saw earnings improve 51% year over year to $2.11 per share, narrowly beating the consensus of $2.06 per share.  Revenue grew as [...]

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