salesforce.com (NYSE:CRM) posted its quarterly earnings data on Tuesday. The CRM provider reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.32, RTT News reports. The business had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.68 billion. salesforce.com had a return on equity of 8.42% and a net margin of 8.36%. The business’s revenue was up 24.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.74 earnings per share.
NYSE CRM opened at $150.81 on Wednesday. The firm has a market cap of $111.84 billion, a price-to-earnings ratio of 104.01, a P/E/G ratio of 5.69 and a beta of 1.39. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.20. salesforce.com has a fifty-two week low of $113.60 and a fifty-two week high of $167.56.
In other salesforce.com news, insider Mark J. Hawkins sold 846 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $163.84, for a total transaction of $138,608.64. Following the transaction, the insider now owns 20,348 shares of the company’s stock, valued at $3,333,816.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Parker Harris sold 6,331 shares of the business’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $158.33, for a total value of $1,002,387.23. Following the transaction, the insider now directly owns 31,257 shares in the company, valued at approximately $4,948,920.81. The disclosure for this sale can be found here. Insiders have sold 431,990 shares of company stock worth $68,666,372 in the last three months. 5.50% of the stock is currently owned by corporate insiders.
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salesforce.com Company Profile
salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices.
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