Company Earnings UpdateSAP (XTRA: SAP) 3Q19 Results: Beats Consensus with Strong Cloud Growth, Announced CEO Transition Coresight Research October 22, 2019 Executive Summary SAP reported adjusted 3Q19 revenues of €6.81 billion, up 12.9% year over year. Adjusted EPS was €1.30, up 14.3% and beating the €1.19 consensus estimate. Cloud drove growth in the quarter, with adjusted revenues growing 37%. SAP reiterated guidance for 2019 and 2020, and its 2023 goal (called “ambition”). Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: Relocalize—Hyper-Local Production with Autonomous Micro-Factories to Cut Costs and Reduce WasteHoliday 2025: Black Friday Preview—Value, AI and Extended Promotions To Drive Sales This YearShoptalk Spring 2025 “Shark Reef” Startup Pitch: Preview—12 Innovators Leveling Up the Customer Experience and Streamlining OperationsAmazon Prime Day 2025: Preview—Five Essential Insights on Consumers’ Shopping Plans
