Will SAP SE (NYSE:SAP) Beat Analysts View?

SAP SE (NYSE:SAP) application and analytics software provider, is expected to report second quarter earnings results, before market open, on Monday 27th July 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 1.33 per share.

Looking ahead, the full year income are expected at $ 5.75 per share on the revenues of $ 32822.30 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 30,663.00 million ~ $ 31,436.00 million

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Previous Quarter Performance

SAP SE unveiled income for the first quarter of $ 0.94 per share, from the revenue of $ 7,194.00 million. The quarterly earnings shrunk 7.84 percent while revenues boosted 4.34 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.92 per share from $ 6461.71 million in revenue. The bottom line results beat street analysts by $ 0.02 or 2.17 percent, at the same time, top line results outshined analysts by $ 732.29 million or 11.33 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of SAP was $ 158.62, representing a 74.50 % increase from the 52 week low of $ 90.90 and a 4.03 % decrease over the 52 week high of $ 165.28.

The company has a market capital of $ 191.79 billion and is part of the Technology sector and Software – Application industry.

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Recent Analyst recommendations
  • On 9th July 2020, maintained by RBC Capital at Sector Perform rating, with $ 150.00 target price.
Conference Call

SAP SE will be hosting a conference call at 8:00 AM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sap.com

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

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