Stocks
Salesforce Sees Strong Earnings Growth and Insider Confidence
Salesforce (NYSE:CRM) is an appealing choice for investors looking for companies with solid fundamentals and consistent profits.
The company's earnings per share have shown remarkable growth over the last three years, but a more accurate assessment can be made by isolating the growth rate over the past year.
Salesforce's EPS rose from $6.96 to $11.74, representing an impressive 69% year-over-year growth.
The company's revenue grew by 11% to $44b, with EBIT margins similar to last year's figures.
In addition, Salesforce insiders have been buying more stock, with a collective investment of $6.3b in the company.