If you’ve been following the stock market lately, you know that CRM stock has been a hot topic lately. The company, Salesforce, is a leader in customer relationship management (CRM) software, and its stock has been on a steady upward trajectory. But when did CRM stock earnings date? And what can we expect from the company in the future?
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What is CRM Stock?
CRM stock is the stock of Salesforce, a cloud-based software company that provides customer relationship management (CRM) software. CRM software helps businesses manage their relationships with customers, including managing contact information, tracking sales, and providing customer service. Salesforce is the leading provider of CRM software, and its stock is one of the most popular tech stocks on the market.
When are CRM Stock Earnings?
CRM stock earnings are typically released in the after-hours trading session on the fourth Thursday of each month. The company’s fiscal year ends on January 31st, so its fourth quarter earnings are typically released in late March or early April.
What to Expect from CRM Stock Earnings
CRM stock earnings are typically a closely watched event by investors, as they provide insight into the company’s financial performance and its future prospects. In recent quarters, CRM has consistently exceeded analysts’ expectations, and the stock has responded positively.
In the fourth quarter of 2022, CRM reported revenue of $7.33 billion, up 24% year-over-year. The company also reported non-GAAP earnings per share of $1.21, up 34% year-over-year. CRM raised its full-year revenue guidance for fiscal 2023 to $30.9 billion to $31.1 billion, and its non-GAAP EPS guidance to $4.71 to $4.74.
Analysts are expecting CRM to continue to perform well in the coming quarters. The company is benefiting from the growing demand for CRM software, and it is also expanding its product offerings into new areas, such as marketing automation and e-commerce.
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Is CRM Stock a Good Buy?
CRM stock is a good investment for investors who are looking for a long-term growth stock. The company is a leader in the CRM software market, and it is well-positioned to continue to grow in the future. CRM stock is also a relatively safe investment, as the company has a strong financial track record and a large customer base.
However, it’s important to remember that all stocks are subject to market risk, and CRM stock is no exception. The stock price could fluctuate significantly in the short term, and investors should be prepared to hold the stock for the long term to see the best returns.
Crm Stock Earnings Date
Conclusion
CRM stock is a solid investment for investors who are looking for a long-term growth stock. The company is a leader in the CRM software market, and it is well-positioned to continue to grow in the future. CRM stock is also a relatively safe investment, as the company has a strong financial track record and a large customer base. However, it’s important to remember that all stocks are subject to market risk, and CRM stock is no exception. The stock price could fluctuate significantly in the short term, and investors should be prepared to hold the stock for the long term to see the best returns.
