Investing.com - SAP ADR reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
SAP ADR announced earnings per share of €1.12 on revenue of €7.84. Analysts polled by Investing.com anticipated EPS of €1.25 on revenue of €7.58B.
SAP ADR shares are down 35.04% from the beginning of the year and are trading at €91.01 , down-from-52-week-high.
SAP ADR follows other major Information Technology sector earnings this month
SAP ADR's report follows an earnings beat by Taiwan Semiconductor on Thursday, October 13, 2022, who reported EPS of €1.79 on revenue of €20.23B, compared to forecasts EPS of €1.65 on revenue of €19.44B.
ASML ADR had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of €4.29 on revenue of €5.78B, compared to forecast for EPS of €3.96 on revenue of €5.68B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar