06:41 AM EDT, 05/29/2024 (MT Newswires) -- Salesforce ( CRM ) is due with its Q1 results in the after-hours today, and analysts polled by Capital IQ expect the company to report a profit of $2.37 per share on revenue of $9.1 billion.

CRM just favors narrowing in its trading pattern between the bells following its after-hours earnings reports, narrowing or reversing 40 times and widening 38 times in next-day trade following its last 78 extended-hours earnings reports.

Looking deeper into the performance data, CRM has recorded an earnings-driven after-hours decline in 37 of the 78 quarters MT Newswires has tracked, reversing direction in next-day trade in 20 of those events, or 54% of the time.

On the plus side, the stock is recently favoring widening between the sessions when it records earnings-driven after-hours gains, which it has done in 41 of the 78 quarters we've followed. Of those 41, the stock has widened 21 times, or 51% of the time.

Price: 268.34, Change: -1.49, Percent Change: -0.55