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A Look Ahead: SAP's Earnings Forecast

Benzinga ·  Oct 18 22:01

SAP (NYSE:SAP) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect SAP to report anearnings per share(EPS) of $1.33.

SAP bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings Track Record

In the previous...

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