SAP Raises Outlook After Strong Third Quarter
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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
