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: Consumers Shift Spending Toward Essential Categories: US Consumer Survey InsightsFashion Footprint: Real Estate Expansion and Store Downsizing in the US Apparel Retail MarketInnovator Profile: bops—Enhancing Retail Efficiency Through Collaborative Inventory IntelligenceSalesforce TrailblazerDX 2024: New Einstein Tools Unleash the Genius of AI for Developers
