SAP (NYSE:SAP) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of €1.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.19. The company issued revenue guidance of €6.79 billion, compared to the consensus revenue estimate of $6.67 billion.
NYSE SAP opened at $126.20 on Friday. The company has a 50-day moving average price of $118.55 and a two-hundred day moving average price of $123.32. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The stock has a market cap of $138.52 billion, a price-to-earnings ratio of 27.86, a price-to-earnings-growth ratio of 2.57 and a beta of 1.08. SAP has a 52 week low of $94.81 and a 52 week high of $140.62.
SAP (NYSE:SAP) last announced its quarterly earnings results on Thursday, July 18th. The software maker reported $1.09 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.09. SAP had a net margin of 11.95% and a return on equity of 15.39%. The company had revenue of $6.66 billion for the quarter, compared to analyst estimates of $6.71 billion. During the same quarter in the prior year, the business posted $0.98 EPS. SAP’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, equities research analysts expect that SAP will post 4.28 earnings per share for the current fiscal year.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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