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SAP Stock Rebounds 8% After Q1 Earnings Beat Estimates
By Trader Edge at 2026-05-03 18:38
Sentiment: Unknown
TLDR SAP’s Q1 non-IFRS EPS came in at €1.72, beating the €1.65 analyst estimate Total revenue rose 6% year-over-year to €9.55 billion Cloud revenue surged 19% to €5.96 billion, topping Wall Street’s €5.89 billion estimate Cloud backlog grew 20% to €21.9 billion SAP held its 2026 cloud revenue outlook of €25.8–€26.2 billion, with caveats around [...] The post SAP Stock Rebounds 8% After Q1 Earnings Beat Estimates appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central