SAP Earnings Preview

Published on Tuesday, 24 January 2012 11:44 Written by Christopher Lynn

New York, January 24th (TradersHuddle.com) - Shares of SAP AG (NYSE:SAP) are trading higher by +0.10% ahead of its quarterly earnings release. SAP, the provider of business management software is expected to release its quarterly results on January 25^th.

Wall Street Analysts consensus calls for a profit of $1.05 a share on $4.47 billion revenue.

SAP estimates have a range of $0.17 a share. The high estimate calls for profit of $1.14 a share and the low estimate is calling for a profit of $0.97 a share, a year ago for the quarter the company reported $0.93 a share.

SAP AG (NYSE:SAP) is a multinational software company based in Germany. The Company develops business software, including e-business and enterprise management software, consults on organizational usage of its applications software, and provides training services. SAP markets its products and services around the world.

Other companies on the watch on this earnings event are Microsoft Corporation NASDAQ:MSFT and Oracle Corporation NASDAQ:ORCL.