Earnings Week Ahead: Salesforce Set for Another Beat, eBay Faces Challenging Macro
Investing.com | Feb 25, 2024 09:54
- Salesforce: Analysts raised EPS estimates ahead of Q4. Fair Value models suggest the stock is still undervalued.
- eBay: EPS estimates slightly lowered before Q4. Our Fair Value models highlight a 29% upside potential.
- Zoom is poised for another beat. Weekday is seen as overvalued.
- Subscribe to InvestingPro now for under $9 a month and never miss another bull market again !
Here is your Pro preview of the upcoming major earnings reports next week: Salesforce, eBay, Zoom, and Weekday.
Salesforce /h2
Salesforce (NYSE:CRM) is set to unveil its Q4/24 earnings on Feb 28, after the market closes. During its latest quarterly announcement in Nov 2023, Salesforce provided its guidance for Q4, projecting EPS to be between $2.25 and $2.26, with revenues forecasted between $9.18 billion and $9.23 billion.
The current consensus among analysts predicts a Q4 EPS of $2.27 and revenues of $9.22B.
Subscribe here for under $9/month and never miss a bull market again!
here and never miss a bull market again!
Disclaimer: This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way. I would like to remind you that any type of asset, is evaluated from multiple points of view and is highly risky and therefore, any investment decision and the associated risk remains with the investor.
Get The App
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.