SAP SE (NYSE:SAP) is set to announce third quarter earning results on Monday 26th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SAP to report 3Q20 income of $ 1.54 per share.
For the full year, analysts anticipate top line of $ 33256.50 million, while looking forward to income of $ 5.88 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 30,608.00 million ~ $ 31,379.00 million
Click Here For More Historical Outlooks Of SAP SE
Previous Quarter Performance
SAP SE outlined income for the second quarter of $ 1.29 per share, from the revenue of $ 7,427.00 million. The quarterly earnings boosted 7.50 percent while revenues down 1.65 percent compared with the same quarter last year.
Street analysts expected SAP SE to report income of $ 1.33 per share on revenue of $ 7844.19 million for the second quarter. The bottom line results missed street analysts by $ 0.04 or 3.01 percent, at the same time, top line results fell short of analysts by $ 417.19 million or 5.32 percent.
Stock Performance
On Friday, shares of SAP SE has traded high as $ 149.81 and has cracked $ 147.15 on the downward trend, reaching $ 149.68 with volume of 1.20 million shares.
According to the previous trading day, closing price of $ 149.68, representing a 62.42 % increase from the 52 week low of $ 90.90 and a 12.79 % decrease over the 52 week high of $ 169.30.
The company has a market capital of $ 176.14 billion and is part of the Technology sector and Software – Application industry.
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.
