SAP AG (SAP) Releases Quarterly Earnings, Misses Estimates By $0.03 EPS
SAP AG (NYSE:SAP) announced its earnings results on Thursday. The company reported $0.56 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.59 by $0.03, Analyst Ratings News reports. The company had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.82 billion. During the same quarter last year, the company posted $0.58 earnings per share. SAP AG’s revenue was up 2.7% compared to the same quarter last year.
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