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SAP (NYSE:SAP) Releases Earnings Results, Beats Estimates By $0.13 EPS
['Trevor Kearing']
Daily Political
The software maker reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.13, Zacks reports.
SAP Stock Down 15.3%SAP stock traded down $36.16 during trading hours on Thursday, hitting $199.95.
Citigroup reaffirmed a “buy” rating on shares of SAP in a report on Thursday, December 11th.
TD Cowen reissued a “buy” rating on shares of SAP in a research report on Thursday, October 23rd.
Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company’s stock.