salesforce.com (CRM) : Earnings Whisper

salesforce.com, inc. (CRM) is set to report its second-quarter 2016 results today after the close with a conference call to follow at 5:00 p.m. ET. The company is expected to report revenue of $1.6 billion. Similarly, the EPS is projected at $0.17. A year ago, salesforce.com earned $0.13 a share. The Street’s estimates for the quarter reflect a year-over-year EPS growth of 30.76%. Meanwhile, EarningsWhisper.com reports a whisper number of $0.19 per share.

As a quick reminder, CRM reported 1Q/16 EPS of $0.16, $0.02 better than the Street’s consensus estimate. Revs rose 23% year-over-year to $1.51 billion versus the $1.50 billion consensus.

On valuation measures, Salesforce.com Inc. shares have a T-12 price/sales ratio of 8.42 and a price/book for the same period of 11.24. EPS is ($0.26). The name has a market cap of $47.61 billion and a median Wall Street price target of $82.00 with a high target of $95.00. Currently, there are 34 analysts that rate CRM a ‘Buy’ versus 6 rating it a ‘Hold’. 2 analysts rate it a ‘Sell’.

In terms of share statistics, Salesforce.com Inc. has a total of 655.56 million shares outstanding with 3.29% held by insiders and 96.20% held by institutions. Insiders have sold 863,152 shares the last three months and 4,430,702 shares in the past year. The stock’s short interest currently stands at 2.46%, bringing the total number of shares sold short to 15.08 million.

Shares of San Francisco, Calif.-based cloud computing solutions provider are up 31.08% year-over-year and 21.46% year-to-date.

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