SAP Q2 EPS $1.16 Misses $1.31 Estimate, Sales $8.23B Miss $8.51B Estimate
Portfolio Pulse from Happy Mohamed
SAP reported Q2 earnings of $0.68 per share, missing the analyst consensus estimate of $1.31 by 48.09%. This is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $8.23 billion, missing the analyst consensus estimate of $8.51 billion by 3.30%. This is a 2.72% increase from the same period last year.
July 20, 2023 | 4:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
SAP's Q2 earnings and sales missed estimates, with a significant decrease in earnings YoY.
SAP's earnings and sales both missed estimates, which is likely to negatively impact investor sentiment and potentially the stock price in the short term. The significant decrease in earnings YoY further exacerbates this.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100