Company Earnings Update 4 minutesRegister for Free AccessSAP (XTRA: SAP) 2Q19 Results: Misses Consensus Estimates, Cloud Growth Remains Robust, Maintains Guidance Coresight Research July 22, 2019 Executive Summary SAP reported adjusted 1Q19 revenues of €6.66 billion, up 10.7% year over year and missing the €6.71 billion consensus estimate. Adjusted EPS was €1.09, up 11.1% and missing the €1.11 consensus estimate. Customer and experience management was the fastest-growing segment, with adjusted revenues growing 81%. SAP reiterated its guidance for 2019 and 2020, and its 2023 goal (called “ambition”). Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weak Demand Hampers 6.18 Shopping Festival: China Consumer TrackerAugust 2023 UK Retail Sales: Surprising Discretionary Resilience Even as Grocery Volume Declines ContinueUS and UK Retail Bankruptcies Latest, November 2023: Filings from Z Gallerie, Wiggle and OthersGenerative AI Latest: The EU Digital Services Act, Conversational AI and VMware Explore 2023
