SAP Earnings Preview
Portfolio Pulse from Benzinga Insights
SAP (NYSE:SAP) is set to release its quarterly earnings report on Wednesday, 2023-10-18. Analysts estimate an EPS of $1.41. Last quarter, SAP missed EPS by $0.13, resulting in a 0.07% increase in share price. Shares of SAP were trading at $130.7 as of October 16, with a 52-week increase of 48.32%.
October 17, 2023 | 2:01 pm
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SAP is expected to report an EPS of $1.41 in its upcoming earnings. Last quarter's EPS miss resulted in a slight increase in share price. The stock has seen a 48.32% increase over the last 52 weeks.
The upcoming earnings report is a significant event for SAP. While the company missed its EPS estimate last quarter, the impact on the stock price was minimal. The stock's strong performance over the past year indicates investor confidence. However, the actual impact will depend on whether SAP meets or exceeds the EPS estimate and the guidance it provides for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100