SAP Stock Jumps 6% On Strong Earnings Result

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HFA Staff
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SAP AG (NYSE:SAP) (FRA:SAP) (ETR:SAP) stock surged in pre-market trading this morning after the company released its earnings report for the three months ended September 30. The firm showed earnings of 78 Euro cents per share on revenue totaling $.06 billion Euro. SAP AG (NYSE:SAP) (FRA:SAP) (ETR:SAP) Stock rose by more than 6% on its home exchange in Frankfurt this morning. This morning’s earnings announcement was not an incredible beat on analyst expectations, but it made SAP AG (NYSE:SAP) (FRA:SAP) (ETR:SAP) look strong in comparison with rivals. International Business Machines Corp (NYSE:IBM) missed earnings by a wide margin last week….

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