Company Earnings Update 4 minutesRegister for Free AccessSAP 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? Register for a free user account. This document was generated for Other research you may be interested in: Research Preview: Market Navigator—US Apparel and Footwear RetailingUS CPG Sales Tracker: CPG Growth Disappoints as In-Store Sales SlowPowering the Retail Revolution: Insights Presented at RetailNext Executive Forum 2023Analyst Corner—The Pretenders to the AI Chip Throne Are Gunning for King Nvidia, with John Harmon
