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Salesforce Remains A Top Pick At Macquarie Ahead Of Earnings

Salesforce.com, Inc. (NYSE: CRM) remains a Top Pick at Macquarie ahead of the company's second quarter earnings on August 31. Wall Street consensus calls for earnings of $0.22 a share on revenue of $2.02 billion. The company had met or beat consensus revenue and EPS estimates in each quarter for at least the past seven years.

"While we appreciate investors are anxious around the recent bidding activity on LinkedIn, our checks suggested at least an in-line quarter on a constant currency basis, with the commercial segment just in-line, but enterprise adoption continuing to outperform," analyst...


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