trending Market Intelligence /marketintelligence/en/news-insights/trending/xEzijs9eapx2f20Y3iuPlQ2 content esgSubNav
In This List

SAP SE profit misses consensus by 56.2% in Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


SAP SE profit misses consensus by 56.2% in Q1

SAP SE said its normalized net income for the first quarter amounted to 28 euro cents per share, compared with the S&P Capital IQ consensus estimate of 63 cents per share.

EPS fell 26.5% year over year from 38 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €331.3 million, a decline of 26.4% from €450.0 million in the prior-year period.

The normalized profit margin fell to 9.9% from 12.2% in the year-earlier period.

Total revenue climbed 21.6% year over year to €4.50 billion from €3.70 billion, and total operating expenses rose 28.6% year over year to €3.81 billion from €2.96 billion.

Reported net income fell 22.1% on an annual basis to €419.3 million, or 35 cents per share, from €538.2 million, or 45 cents per share.