Investing.com - SAP ADR reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SAP ADR announced earnings per share of €1.69 on revenue of €7.54B. Analysts polled by Investing.com anticipated EPS of €1.94 on revenue of €9.05B.
SAP ADR shares are down 2.68% from the beginning of the year and are trading at €130.44 , down-from-52-week-high.They are under-performing the Nasdaq which is up 3.48% from the start of the year.
SAP ADR follows other major Technology sector earnings this month
SAP ADR's report follows an earnings beat by Apple on Wednesday, who reported EPS of €1.68 on revenue of €111.44B, compared to forecasts EPS of €1.41 on revenue of €102.54B.
Microsoft had beat expectations on Tuesday with second quarter EPS of €2.03 on revenue of €43.08B, compared to forecast for EPS of €1.64 on revenue of €40.23B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar