Why SAP Might Surprise This Earnings Season

Earnings Estimate Revisions - SAP SE is seeing favorable earnings estimate revision activity, which is generally a precursor to an earnings beat [1] - The Most Accurate Estimate for the current quarter is $1.33 per share, compared to the Zacks Consensus Estimate of$1.31 per share, indicating a Zacks Earnings ESP of +1.37% [1] Earnings ESP and Market Performance - A positive Zacks Earnings ESP has proven to be powerful in producing positive surprises and outperforming the market [2] - Stocks with a positive Earnings ESP and a Zacks Rank 3 (Hold) or better show a positive surprise nearly 70% of the time and have returned over 28% on average in annual returns [2] SAP's Position - SAP has a Zacks Rank 3 and an ESP in positive territory, suggesting potential for a positive earnings surprise [2] - Recent earnings estimate revisions indicate that good things are ahead for SAP, with a potential earnings beat in the upcoming report [2]