SAP SE (NYSE: SAP) reported Q3 EPS of EUR1.12, EUR0.13 worse than the analyst estimate of EUR1.25. Revenue for the quarter came in at EUR7.84 billion versus the consensus estimate of EUR7.58 billion.

GUIDANCE:

For 2022, SAP continues to expect: €11.55 – 11.85 billion cloud revenue at constant currencies (2021: €9.42 billion), up 23% to 26% at constant currencies; €25.0 – 25.5 billion cloud and software revenue at constant currencies (2021: €24.08 billion), up 4% to 6% at constant currencies; €7.6 – 7.9 billion non-IFRS operating profit at constant currencies (2021: €8.23 billion), down 4% to 8% at constant currencies.

For 2022, SAP now expects: Free cash flow of approximately €4.5 billion (2021: €5.01 billion). The previous outlook was above €4.5 billion.

For earnings history and earnings-related data on SAP SE (SAP) click here.