SAP chart · All upcoming earnings
| Move | Mean | Median | Std dev | Hit rate |
|---|---|---|---|---|
| Day 1 | +0.0% | +0.8% | 6.7% | 60% |
| Day 2 | +1.1% | +0.2% | 4.1% | 50% |
| Day 3 | +1.4% | +0.9% | 2.3% | 80% |
| 5-day | +2.7% | +2.4% | 10.9% | 70% |
Day 1 = the close-to-close move on the first session to trade the news — hover for the EPS surprise.
| Report | Est | Actual | Surprise | Gap | 1-day | +5d | +1mo |
|---|---|---|---|---|---|---|---|
| 2026-07-22 miss | 2.00 | 1.81 | -9.8% | +0.5% | -1.6% | +23.6% | +49.4% |
| 2026-04-23 beat | 1.92 | 2.01 | +5.0% | +7.3% | +7.4% | -2.6% | -0.1% |
| 2026-01-29 beat | 1.72 | 1.93 | +12.1% | -15.7% | -15.2% | -1.4% | -2.1% |
| 2025-10-22 beat | 1.74 | 1.85 | +6.0% | -2.3% | +0.8% | -6.9% | -15.0% |
| 2025-07-22 beat | 1.69 | 1.76 | +4.3% | -4.4% | -5.1% | +0.0% | -7.4% |
| 2025-04-21 beat | 1.44 | 1.65 | +15.0% | -1.0% | +0.7% | +15.9% | +18.2% |
| 2025-01-28 miss | 1.49 | 1.47 | -1.6% | -2.1% | -0.7% | +1.6% | +0.3% |
| 2024-10-21 beat | 1.31 | 1.33 | +1.4% | +3.0% | +1.2% | +4.3% | +1.2% |
| 2024-07-22 beat | 1.08 | 1.20 | +11.3% | +6.0% | +7.1% | -3.7% | +1.9% |
| 2024-04-22 miss | 1.02 | 0.86 | -15.5% | +3.7% | +5.5% | -3.6% | +3.1% |
“1-day” is the close-to-close move over the session that first traded on the news (the next session for after-close reports). “+5d / +1mo” are the further drift from that close.
Earnings dates & estimates from Yahoo Finance (refreshed 2026-09-13); price reactions from end-of-day data. History, not a forecast. Not investment advice.