SAP (NYSE:SAP) reported its Q2 earnings results on Thursday, July 21, 2022 at 01:00 AM.
Here’s what investors need to know about the announcement.
Earnings
SAP missed estimated earnings by 11.3%, reporting an EPS of $1.02 versus an estimate of $1.15.
Revenue was down $22.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.14 which was followed by a 2.34% drop in the share price the next day.
Here’s a look at SAP’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.260 | 1.87 | 1.53 | 1.45 |
| EPS Actual | 1.123 | 2.13 | 2.05 | 2.11 |
| Revenue Estimate | 7.56B | 9.10B | 7.93B | 7.94B |
| Revenue Actual | 7.94B | 9.13B | 8.07B | 8.03B |
To track all earnings releases for SAP visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.