Company Earnings UpdateSAP 1Q19 Results: Beats Consensus, Rapid Cloud Growth, Maintains/Raises 2019-2020 Guidance Coresight Research April 25, 2019 Executive Summary SAP reported 1Q19 revenues of €6.12 billion, up 16.3% year over year and beating the €5.95 billion consensus estimate. Adjusted EPS was €0.90, up 24.4% and beating the €0.83 consensus estimate. Cloud subscriptions and support was the fastest-growing segment, with adjusted revenues growing 48%. The company reiterated revenue guidance, raised its operating profit guidance for 2019 and 2020 and announced a 2023 goal of €35 billion in adjusted revenue. 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: The CORE 3.0 Framework for Artificial Intelligence in RetailAmazon Prime Day India 2025: Wrap-Up—Biggest-Ever Prime Day Spurs Tier 2 and Tier 3 Markets’ Growth and Premium BuysSentiment Holds Steady As August Tariffs Deadline Looms: China Consumer Survey InsightsAnalyst Corner: Decoding Blinkit’s Latest Numbers To Understand India’s Quick-Commerce Growth Story, with Manik Bhatia
