Investing.com - SAP ADR reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
SAP ADR announced earnings per share of €1.75 on revenue of €6.67B. Analysts polled by Investing.com anticipated EPS of €1.44 on revenue of €8.03B.
SAP ADR shares are up 10.51% from the beginning of the year and are trading at €144.10 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
SAP ADR follows other major Technology sector earnings this month
SAP ADR's report follows an earnings missed by Taiwan Semiconductor on Thursday, July 15, 2021, who reported EPS of €0.929 on revenue of €13.35B, compared to forecasts EPS of €0.9296 on revenue of €13.23B.
Accenture had beat expectations on Thursday, June 24, 2021 with third quarter EPS of €2.4 on revenue of €13.26B, compared to forecast for EPS of €2.24 on revenue of €12.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar