SAP (ETR:SAP) Third Quarter 2024 Results

Key Financial Results

• Revenue: €8.47b (up 9.4% from 3Q 2023).

• Net income: €1.46b (up 14% from 3Q 2023).

• Profit margin: 17% (in line with 3Q 2023).

• EPS: €1.26 (up from €1.09 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

SAP EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.

Performance of the German Software industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for SAP you should be aware of.

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