Salesforce.com Ahead of Earnings

crm New York, August 17th (TradersHuddle.com) – Shares of Salesforce.com, Inc. (NYSE:CRM) are trading lower by -3.73% ahead of its quarterly earnings release. Salesforce.com, the provider of Internet based customer relationship management software is expected to release its quarterly results on August 18th.

Wall Street Analysts consensus calls for a profit of $0.3 a share on $528.63 million revenue.

Salesforce.com estimates have a range of $0.05 a share. The high estimate calls for profit of $0.31 a share and the low estimate is calling for a profit of $0.26 a share, a year ago for the quarter the company reported $0.29 a share.

Salesforce.com, Inc. (NYSE:CRM) supplies a customer relationship management service to businesses worldwide providing a technology platform for customers and developers to build and run business applications. Clients use Salesforce.com to manage their customer, sales and operational data.

Other companies on the watch on this earnings event are Oracle Corporation NASDAQ:ORCL and SAP AG NYSE:SAP.

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