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StockNews.com
StockNews.com
Business
Aanchal Sugandh

Salesforce, Inc. (CRM) Earnings Preview: Software Stock Buy or Sell Signals?

The cloud computing service as a software (SaaS) company, Salesforce, Inc. (CRM), is scheduled to release its fiscal 2024 third quarter financial results on November 29. Wall Street expects the company to report quarterly earnings of $2.06 per share, a 46.9% year-over-year improvement.

Its revenue for the same period is expected to be $8.72 billion, up 11.3% from the prior year’s period. Before examining CRM’s fundamentals, let's look at the recent developments that could influence the company's future performance.

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