Our regular look at the FTSE 350 and other companies reporting from 01 – 05 December.
- Salesforce bets on AI to reignite growth
Salesforce, Q3 Results, Wednesday 3 December
Matt Britzman, senior equity analyst, Hargreaves Lansdown: Salesforce NYSE:CRM heads into next week’s third-quarter results after a difficult start to the year and guidance that points to slower growth ahead. The broader software sector has been under pressure, with investors worried about AI-driven disruption. But Salesforce is positioning itself to lead the next phase of enterprise AI through its Agentforce 360 platform and the recently completed acquisition of Informatica.
Markets are looking for Salesforce to report around $10.3 billion in revenue, with 9% growth. While near-term sentiment remains cautious, optimism could build as AI becomes a more significant part of the story. The key challenge is delivering a material improvement in either growth or margins – a difficult task for a mature business, even with an AI tailwind.
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This article has been brought to you in association with Hargreaves Lansdown. All opinions expressed in this article are from the analysts and do not necessarily represent the opinions of The Armchair Trader.
FTSE 100, FTSE 250 and selected other companies scheduled to report
| Mon 01-Dec | |
|---|---|
| UK:Consumer Credit, US:PMI Manufacturing, EU:PMI Manufacturing | |
| Eco Animal Health LON:EAH | Interims |
| Impax Asset Management LON:IPX | Full Year |
| One Health [LON:OHGR] | Interims |
| Peel Hunt LON:PEEL | Interims |
| Solid State LON:SOLI | Interims |
| Tue 02-Dec | |
| EU:Unemployment | |
| Augmentum Fintech [LON:AUGM] | Interims |
| Celebrus [LON:CLBS] | Interims |
| discoverIE LON:DSCV | Half Year |
| Foresight LON:FSG | Half Year |
| Gooch & Housego LON:GHH | Full Year |
| IG Design LON:IGR | Interims |
| Mercia Asset Management LON:MERC | Interims |
| NewRiver REIT LON:NRR | Interims |
| On The Beach LON:OTB | Full Year |
| Severfield LON:SFR | Interims |
| System1 LON:SYS1 | Interims |
| Topps Tiles [LON:TPR] | Full Year |
| TPXImpact LON:TPX | Interims |
| Treatt LON:TET | Full Year |
| Vianet LON:VNET | Interims |
| Victrex LON:VCT | Full Year |
| Wed 03-Dec | |
| UK:PMI Composite, US:PMI Composite, EU:PMI Composite | |
| NextEnergy Solar [LON:NESF] | Interims |
| Ondo Insurtech LON:ONDO | Interims |
| Paragon Banking LON:PAG | Full Year |
| Salesforce NYSE:CRM | Q3 |
| SDI LON:SDI | Interims |
| SysGroup LON:SYS | Interims |
| Theracryf [LON:TCF] | Interims |
| Victorian Plumbing LON:VIC | Full Year |
| ZIGUP [LON:] | Half Year |
| Thu 04-Dec | |
| US:Retail Sales, US:Balance of Payments | |
| AJ Bell LON:AJB | Full Year |
| Balfour Beatty LON:BBY | Trading |
| Baltic Classifieds LON:BCG | Half Year |
| Frasers LON:FRAS | Half Year |
| Future LON:FUTR | Full Year |
| Mind Gym LON:MIND | Interims |
| Premier Miton LON:PMI | Full Year |
| SSP LON:SSPG | Full Year |
| Watches of Switzerland LON:WOSG | Half Year |
| Fri 05-Dec | |
| UK:House Prices, EU:GDP | |
| Schroder European REIT LON:SERE | Full Year |
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