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SAP: Q4 Earnings Snapshot

Associated Press Finance
·1-min read

WALLDORF, Germany (AP) — WALLDORF, Germany (AP) — SAP SE (SAP) on Tuesday reported fourth-quarter earnings of $1.28 billion.

On a per-share basis, the Walldorf, Germany-based company said it had net income of $1.09. Earnings, adjusted for stock option expense and non-recurring costs, were $1.52 per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.

The business software maker posted revenue of $9.12 billion in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $8.98 billion.

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For the year, the company reported profit of $6.6 billion, or $5.60 per share. Revenue was reported as $33.77 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAP at https://www.zacks.com/ap/SAP