SAP SE (SAP) October 87.50 straddle priced for movement of 3.3% into outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
SAP AG (SAP) Q3 Operating Profit Light of Views; Boosts FY16 Outlook
October 21, 2016 6:22 AM EDT(Updated - October 21, 2016 6:41 AM EDT)
SAP AG (NYSE: SAP) reported Q3 EPS of 0.91, 0.17 worse than the analyst estimate of 1.08. Revenue for the quarter came in at 5.38 billion versus the consensus estimate of 5.83 billion.
Q3 adjusted operating profit rose 1% to 1.64 billion, versus the consensus of 1.65B.
Business Outlook 2016
The Company is raising its... More
