Wednesday, November 19, 2014

$CRM - Salesforce.com Sees Revenue Below Estimates

$CRM - Salesforce.com said it expects fourth quarter non-GAAP earnings of $0.13 to $0.14 per share on revenue of $1.436 billion to $1.441 billion. The current consensus earnings estimate is $0.14 per share on revenue of $1.45 billion for the quarter ending January 31, 2015. The company also said it expects fiscal 2016 revenue of $6.45 billion to $6.50 billion. The current consensus estimate is revenue of $6.66 billion for the year ending January 31, 2016.