PREVIEW: Salesforce seen reporting rev, EPS gain in qtrly results after the bell

Shares of Salesforce CRM.N are up 1.3% in afternoon trading Wed, with the software co seen reporting an increase in yr-over-yr rev and EPS in its quarterly results, due after the closing bell

Analysts on average expect Q3 rev of $10.27 bln vs $9.44 bln in the yr-ago period, and adj EPS of $2.86 vs $2.41 a yr ago, according to LSEG

In October, Salesforce forecast faster rev growth in the coming years

Analyst recommendations on the stock include 41 "strong buy" or "buy" ratings, 12 "hold" ratings and one "strong sell" rating, per LSEG

The median 12-mo PT is $322.50; the stock was last at $237.74

CRM is down ~29% YTD compared with a roughly 13% gain in the Dow Jones industrial average .DJI in that period