Earnings Preview For SAP

SAP (NYSE:SAP) is set to give its latest quarterly earnings report on Monday, 2024-10-21. Here's what investors need to know before the announcement.

Analysts estimate that SAP will report an earnings per share (EPS) of $1.33.

Anticipation surrounds SAP's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

Last quarter the company missed EPS by $0.01, which was followed by a 7.13% increase in the share price the next day.

Here's a look at SAP's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.33

1.19

1.11

1.73

1.41

EPS Actual

1.35

1.18

0.88

1.51

1.58

Price Change %

1.0%

7.000000000000001%

6.0%

7.000000000000001%

5.0%

SAP Share Price Analysis

Shares of SAP were trading at $235.9 as of November 05. Over the last 52-week period, shares are up 65.6%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Perspectives on SAP

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on SAP.

With 6 analyst ratings, SAP has a consensus rating of ...