SAP's Q3 results and guidance topped estimates. Why the stock is jumping.
SAP (NYSE:SAP) shares rose 4% in extended trading on Monday after the German software maker reported third-quarter results and guidance that were above estimates. For the period ending September 30, SAP earned an adjusted €1.
SAP Stock Up On Q3 Growth, FY24 Outlook Revision
Shares of SAP AG were gaining around 5 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after
SAP's Q3 Earnings & Revenues Up Y/Y on Cloud Strength, Outlook Raised
SAP SE SAP reported third-quarter 2024 non-IFRS earnings per share (EPS) of €1.23 ($1.35), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $1.31. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
SAP rises after 'solid' Q3 results and outlook keep analysts bullish
SAP's (NYSE:SAP) stock rose about 4% premarket on Tuesday after third quarter results and guidance beat estimates, which drew positive reactions from analysts. Citi maintained its Buy rating and raised the price target on the stock to €260 from €240,
SAP shares jump as cloud strength drives beat and raise performance in Q3
SAP raised its full-year guidance Monday after fiscal third-quarter results beat analyst expectations on both the top and bottom lines, driven by jump in cloud revenue. SAP raises its 2024 outlook adjusted operating profit to
SAP SE (NYSE:SAP) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Transcript October 21, 2024 SAP SE beats earnings expectations. Reported EPS is $1.35, expectations ...
SAP Beats Q3 Expectations, Analysts Expect 'Big Cash-Flow Ramp In 2025'
SAP's Q3 results beat expectations, with strong cloud ERP growth. The company reaffirmed Ambition 2025 targets. Analysts have ...
SAP Announces Q3 2024 Results
WALLDORF, Germany, Oct. 21, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) announced today its financial results for the third ...
SAP SE: Strong Q3 Performance and Promising Growth Outlook Justify Buy Rating
Frederic Boulan, an analyst from Bank of America Securities, reiterated the Buy rating on SAP SE (0NW4 – Research Report). The associated ...
SAP Stock Climbs After Mixed Q3 Results: EPS Beat, Revenues Miss
SAP shares are trading higher after the company reported its third-quarter financial results after Monday's closing bell.
SAP SE (SAP) Q3 2024 Earnings Call Highlights: Cloud Revenue Soars Amidst Macroeconomic Challenges
SAP SE (SAP) reports robust cloud growth and raises 2024 profit outlook despite facing economic headwinds and restructuring ...
SAP shares hit all-time high after upbeat cloud business outlook
Shares in SAP were up 5% at market open on Tuesday, hitting an all-time high of 221 euros ($239.21) after the German software ...
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SAP's Q3 2024 Performance Metrics Unveiled
Highlights,SAP reported a 25% increase in cloud revenue for Q3 2024, reaching €4.35 billion, and total revenue rose by 9% to ...
SAP Stock Hits Record High as Demand for Its Cloud Products Soars
SAP beat third-quarter profit and sales estimates on soaring demand for the business software maker's cloud offerings.
SAP reports Q3 cloud revenue EUR 4.35B vs. EUR 3.47B last year
EDT SAP (SAP) reports Q3 cloud revenue EUR 4.35B vs. EUR 3.47B last year Published first on TheFly – the ultimate source for ...
European shares sag, SAP boosts tech stocks after forecast raise
European stocks slipped on Tuesday, as investors navigated geopolitical and global interest-rate cut uncertainties, while ...