Salesforce Earnings Are Coming. The Focus Will Be on AI and Margins.

Salesforce. com will report earnings after the close of trading Wednesday, amid considerable crosscurrents for the cloud-based enterprise software provider.

For the fiscal second quarter, Salesforce has forecast revenue of $8.51 billion to $8.53 billion, up 10% from a year ago; Street consensus is at the top of the range. The Street sees profits of $1.90 a share on an adjusted basis, or 78 cents under generally accepted accounting principles. Salesforce shares sagged following the April quarter results, as the company declined to raise full-year guidance despite better-than-expected quarterly earnings. CFO Amy Weaver told Barron’s last quarter that the company continued to see difficult macro conditions. She said at the time that April quarter results showed some additional tightening on professional services revenue, as customers shifted to projects that can generate returns more quickly.

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