Increasing Competition in Cloud May Temper Salesforce's Revenue Growth in Q4

Salesforce has guided fourth quarter revenue to range from $1.436 billion to $1.441 billion, implying a year on year revenue growth rate of 25% to 26%. Consensus revenue estimates for the fourth quarter of fiscal 2015 stand at $1.44 billion, which is at the higher end of the company's guided range. The guided and consensus revenue growth rate is over 10 percentage points lower than that of fourth quarter of fiscal 2014. Fourth quarter EPS consensus estimates stand at $0.14, which is at the high ...