Earnings Preview: SAP
SAP SAP is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here's what investors need to know before the announcement.
Analysts estimate that SAP will report an earnings per share (EPS) of $1.49.
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).
Here's a look at SAP's past performance and the resulting price change:
Continue read on benzinga.com