BETA
This is a BETA experience. You may opt-out by clicking here

More From Forbes

Edit Story

salesforce.com Loss Likely to Narrow

This article is more than 9 years old.

salesforce.com is expected to book a narrower loss than a year ago when it reports second-quarter earnings on Thursday, August 21, 2014. Analysts are expecting a loss of one cent per share, up from a loss of nine cents per share a year ago.

Analysts are projecting a loss of six cents per share for the fiscal year. Revenue is expected to be $1.29 billion for the quarter, 35% higher than the year-earlier total of $957.1 million. For the year, revenue is projected to roll in at $5.34 billion.

Over the last four quarters, the company's revenue rose by an average of 33% year-over-year. The largest growth was in the fourth quarter, when revenue climbed 37% year-over-year.

The majority of analysts (92%) rate salesforce.com as a buy. This compares favorably to the analyst ratings of nine similar companies, which average 51% buys.

Other companies in the technology sector include: SAP , NetSuite and Pegasystems .

Earnings estimates provided by Zacks.

Narrative Science, through its proprietary artificial intelligence platform, transforms data into stories and insights.