Salesforce.com Inc. (NYSE: CRM) is expected to release its fiscal second-quarter financial earnings report after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $0.32 in earnings per share (EPS) and $2.51 billion in revenue. The same period of last year reportedly had EPS of $0.24 and $2.04 billion in revenue.

The company’s previously issued guidance for the fiscal second quarter pegged revenue at between $2.51 billion and $2.52 billion, with EPS in the range of $0.31 to $0.32. Current analyst estimates already seem to match that.

In its previous quarter, Salesforce posted a 24% increase in revenues, ultimately pushing its stock to all-time highs. At the same time deferred revenue jumped 26%. At the rate this firm has been performing, it seems that there is nowhere to go but up.

The company has recently been upgraded at several top Wall Street firms and looks to be breaking out. Ahead of the earnings report a few analysts weighed in on Salesforce:

• Credit Suisse reiterated an Outperform rating with a $110 price target.
• RBC has a Buy rating with a $102 price target.
• SunTrust Banks has a Buy rating with a $110 price target.
• Northland Securities has a Buy rating with a $105 price target.
• Jefferies has a Hold rating with an $80 price target.
• Piper Jaffray has an Overweight rating with a $110 price target.
• BTIG has a Buy rating with a $100 price target.

So far in 2017, Salesforce has outperformed the broad markets, with the stock up 34%. Over the past 52 weeks, the stock is only up 18%.

Shares of Salesforce were last seen at $92.25, with a consensus analyst price target of $101.33 and a 52-week range of $66.43 to $93.32.

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