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: Analyst Corner: The Shifting “Friction Gap” Between Stores and E-Commerce Is Benefitting Digital Channels, with John MercerSentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsTariffs Prompt Pull-Forward Purchases: What Are Consumers Buying Early?—Data GraphicHoliday 2025: The Last Mile—Tariff-Driven Early Buying To Ease Peak Season Shipping Rush
