Credit Suisse Assumes SAP AG (SAP) at Outperform

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Go back to Credit Suisse Assumes SAP AG (SAP) at Outperform

SAP AG (SAP) Misses Q2 EPS by 7c; Notes Improvements in Cloud Performance

July 20, 2016 7:45 AM EDT

SAP AG (NYSE: SAP) reported Q2 EPS of EUR0.82, EUR0.07 worse than the analyst estimate of EUR0.89. Revenue for the quarter came in at EUR5.24 billion versus the consensus estimate of EUR5.22 billion.

SAP had strong growth in the cloud. Second quarter IFRS cloud... More