salesforce.com Reports Q4 Beat, Provides Guidance
<p><a href='https://financialmodelingprep.com/financial-summary/CRM'>salesforce.com, inc. (NYSE:CRM) </a>reported its Q4 results, with both EPS of $0.84 and revenue of $7.33 coming in better than the Street estimates of $0.75 and $7.24 billion, respectively.</p>
<p>The company’s guidance was similarly strong, with revenue expected to be $7.37-7.38 billion, compared to the consensus estimate of $7.26 billion.</p>
<p>Analysts at Deutsche Bank provided their views on the company following the results, stating that quarterly results offer tangible evidence to refute demand 'pull forward' concerns in Software and particularly for the company. Such fears, in the analysts’ view, underestimate the significant continuous digital transformation journeys occurring across all sectors of the economy, ones in which the company is increasingly a partner of choice. </p>
<p>The analysts believe management did a commendable job messaging the secular strength it is seeing, its operating discipline, and inward focus away from large ticket M&A. </p>

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