Previous close | 175.77 |
Open | 176.59 |
Bid | 0.00 x 1200 |
Ask | 0.00 x 800 |
Day's range | 176.14 - 178.99 |
52-week range | 126.75 - 199.29 |
Volume | |
Avg. volume | 752,224 |
Market cap | 207.977B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 54.32 |
EPS (TTM) | 3.28 |
Earnings date | N/A |
Forward dividend & yield | 2.39 (1.34%) |
Ex-dividend date | 16 May 2024 |
1y target est | 206.38 |
(Bloomberg) -- SAP SE rose the most since January after posting strong cloud demand in the first quarter, as the boom in artificial intelligence fueled the German software company’s growth. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore Mans
The German enterprise software giant SAP reported quarterly results that were a smidgen ahead of Wall Street’s expectations. For the March quarter, SAP reported total revenue of €8.04 billion, up 8% from a year ago or 9% adjusted for currency and a hair above the consensus estimate of €8.02 billion, as tracked by FactSet. Cloud revenue was €3.93 billion, up 24% or 25% on a currency-adjusted basis, about in line with estimates.
SAP SE (NYSE: SAP) announced today its financial results for the first quarter ended March 31, 2024.