Adobe's Decline After Earnings Reflects a More Risk-Averse Market [TheStreet.com]
Salesforce, Inc. (CRM)
Last salesforce, inc. earnings: 2/25 04:06 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.salesforce.com/about-us/investor/overview/default.aspx
Company Research
Source: TheStreet.com
On the whole, Adobe's ( ADBE ) latest results and guidance suggest business remains pretty good for the media and marketing software giant, and that its long-term growth drivers remain firmly in place. However, with Adobe's shares up 40% on the year going into earnings, and over 140% over the last two years, that's not enough to prevent a selloff following a report featuring a fairly good -- but not blowout -- set of numbers that raised a concern or two about the near-term impact of a recent acquisition. Results and Guidance On Thursday afternoon, Adobe reported November quarter (fiscal fourth quarter) revenue of $2.46 billion (up 23% annually) and non-GAAP EPS of $1.83 (up 45%). Revenue, which got a $21 million boost from the late-October closing of Adobe's $4.75 billion deal to buy marketing automation software firm Marketo, topped a $2.43 billion consensus. However, EPS, which saw a $0.07 hit from the Marketo deal, missed a $1.88 consensus. Likewi
Show less
Read more
Impact Snapshot
Event Time:
CRM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRM alerts
High impacting Salesforce, Inc. news events
Weekly update
A roundup of the hottest topics
CRM
News
- Is It Worth Investing in Salesforce.com (CRM) Based on Wall Street's Bullish Views? [Yahoo! Finance]Yahoo! Finance
- Institutional investors in Salesforce, Inc. (NYSE:CRM) see US$24b decrease in market cap last week, although long-term gains have benefitted them. [Yahoo! Finance]Yahoo! Finance
- Global Multichannel Order Management Market to reach a valuation of US$ 8.5 billion by 2034, FMI Projection [Yahoo! Finance]Yahoo! Finance
- Salesforce.com (CRM) Outpaces Stock Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Salesforce, Inc. (NYSE: CRM) had its "outperform" rating re-affirmed by analysts at Wolfe Research. They now have a $365.00 price target on the stock.MarketBeat
CRM
Earnings
- 2/28/24 - Beat
CRM
Sec Filings
- 4/19/24 - Form 4
- 4/18/24 - Form 4
- 4/17/24 - Form 4
- CRM's page on the SEC website