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: Holiday Bites: Resale Shopping and Secondhand Selling—Data GraphicSector Focus: E-Commerce Retailers and Marketplaces—Data Graphic2025 Tariffs: Impacts on the US Consumer Economy—InfographicInnovator Profile: Relocalize—Hyper-Local Production with Autonomous Micro-Factories to Cut Costs and Reduce Waste
