SAP chart · All upcoming earnings
| Move | Mean | Median | Std dev | Hit rate |
|---|---|---|---|---|
| Day 1 | +0.1% | +0.6% | 4.4% | 57% |
| Day 2 | +0.3% | +0.0% | 2.3% | 48% |
| Day 3 | +0.4% | +0.3% | 1.6% | 58% |
| 5-day | +1.3% | +1.4% | 6.0% | 58% |
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% |
| 2024-01-23 miss | 1.74 | 1.53 | -12.0% | +6.8% | +6.9% | -0.9% | +5.5% |
| 2023-10-18 beat | 1.51 | 1.53 | +1.4% | +5.3% | +4.5% | -1.6% | +12.4% |
| 2023-07-20 miss | 1.31 | 0.69 | -47.1% | +1.4% | +0.1% | +2.1% | +2.0% |
| 2023-04-21 beat | 1.16 | 1.18 | +1.9% | +4.2% | +5.6% | +1.0% | -0.5% |
| 2023-01-26 miss | 1.50 | 1.09 | -27.1% | -2.9% | -1.8% | +7.8% | +0.9% |
| 2022-10-25 miss | 1.25 | 1.11 | -11.4% | +6.1% | +5.8% | -0.5% | +14.0% |
| 2022-07-21 miss | 1.07 | 0.98 | -8.7% | -4.9% | -2.2% | +1.6% | +1.5% |
| 2022-04-22 miss | 1.27 | 1.08 | -15.4% | -1.2% | -2.3% | -2.9% | -3.9% |
| 2022-01-27 beat | 1.91 | 2.10 | +10.0% | -6.3% | -7.5% | +1.2% | -8.0% |
| 2021-10-12 beat | 1.57 | 2.01 | +27.7% | +4.8% | +5.2% | +1.4% | +2.3% |
| 2021-07-21 beat | 1.47 | 2.06 | +40.3% | -5.4% | -3.6% | +3.0% | +5.9% |
| 2021-04-22 beat | 1.17 | 1.68 | +44.2% | +0.3% | +1.3% | +0.0% | -2.7% |
| 2021-01-29 beat | 1.88 | 2.05 | +8.9% | -0.5% | -3.3% | +3.2% | -0.7% |
| 2020-10-25 beat | 1.49 | 2.01 | +34.9% | +3.1% | -0.5% | -4.2% | +3.1% |
| 2020-07-27 beat | 1.27 | 1.38 | +8.1% | +2.3% | +3.9% | -1.6% | +0.4% |
| 2020-04-21 miss | 1.02 | 0.92 | -9.2% | -3.0% | -5.4% | +0.7% | +3.7% |
| 2020-01-28 beat | 1.91 | 2.01 | +5.2% | -2.8% | -2.8% | +2.3% | -5.8% |
| 2019-10-21 beat | 1.36 | 1.45 | +6.9% | +3.0% | +2.8% | +0.0% | +2.3% |
| 2019-07-18 miss | 1.23 | 1.22 | -0.9% | -5.6% | -5.1% | -1.6% | -6.6% |
| 2019-04-24 beat | 0.94 | 1.01 | +7.0% | +9.6% | +12.4% | -0.9% | -1.9% |
| 2019-01-29 miss | 1.81 | 1.73 | -4.9% | -3.3% | -4.0% | +3.5% | +4.3% |
| 2018-10-18 beat | 1.26 | 1.31 | +4.4% | -4.4% | -7.6% | -0.4% | -2.3% |
| 2018-07-18 miss | 1.16 | 1.14 | -1.6% | -3.2% | -3.7% | +2.0% | -0.4% |
| 2018-04-24 beat | 0.89 | 0.89 | +0.2% | +4.3% | +2.4% | +3.0% | +4.7% |
| 2018-01-30 beat | 1.85 | 2.19 | +18.4% | -0.5% | -2.4% | -2.2% | -8.0% |
| 2017-10-19 beat | 1.17 | 1.20 | +2.3% | +0.6% | +1.5% | +0.0% | +0.3% |
| 2017-07-20 beat | 1.05 | 1.09 | +4.5% | -0.6% | +0.3% | -0.7% | -0.9% |
| 2017-04-25 beat | 0.78 | 0.80 | +2.0% | +0.5% | +0.7% | -0.7% | +4.4% |
| 2017-01-24 beat | 1.56 | 1.63 | +5.0% | +0.8% | +0.4% | +2.1% | +5.0% |
| 2016-10-21 miss | 1.06 | 0.99 | -6.5% | +2.2% | +1.8% | -1.0% | -5.1% |
| 2016-07-20 miss | 1.01 | 0.90 | -10.4% | +4.6% | +5.5% | +2.9% | +5.2% |
| 2016-04-20 miss | 0.79 | 0.72 | -7.9% | -0.5% | -0.1% | +0.6% | -4.7% |
| 2016-01-22 miss | 1.52 | 1.51 | -0.6% | -0.4% | +0.4% | +2.0% | -1.9% |
| 2015-10-20 beat | 1.01 | 1.11 | +10.5% | +1.1% | +0.9% | +2.1% | +5.2% |
| 2015-07-21 miss | 0.92 | 0.87 | -6.1% | +0.1% | -2.2% | -0.7% | -3.6% |
| 2015-04-21 miss | 0.69 | 0.63 | -9.6% | +2.5% | +2.5% | +3.2% | +2.1% |
| 2015-01-20 miss | 1.54 | 1.52 | -0.8% | -5.2% | -5.3% | +3.1% | +8.4% |
| 2014-10-20 miss | 1.11 | 1.07 | -3.3% | -4.7% | -4.8% | -0.4% | +4.4% |
| 2014-07-17 beat | 1.05 | 1.07 | +1.8% | +1.9% | +1.3% | +1.4% | -5.4% |
| 2014-04-17 miss | 0.80 | 0.77 | -3.6% | -2.7% | -2.3% | -2.4% | -5.5% |
| 2014-01-21 beat | 1.70 | 1.74 | +2.3% | -0.9% | -1.1% | -4.7% | -2.4% |
| 2013-10-21 beat | 1.05 | 1.07 | +2.0% | +4.9% | +3.6% | +4.4% | +7.3% |
| 2013-07-18 miss | 0.98 | 0.96 | -2.9% | -0.7% | -2.8% | +0.1% | +2.4% |
| 2013-04-19 miss | 0.76 | 0.75 | -1.3% | -2.9% | -4.0% | +3.8% | +7.1% |
| 2013-01-23 miss | 1.53 | 1.51 | -1.1% | +0.3% | +1.4% | +3.7% | +0.4% |
| 2012-10-24 miss | 0.94 | 0.91 | -3.7% | +3.4% | +2.2% | +2.3% | +8.1% |
| 2012-07-24 miss | 0.89 | 0.85 | -5.1% | +2.8% | +1.3% | +4.1% | +6.9% |
| 2012-04-25 miss | 0.67 | 0.65 | -3.2% | +0.5% | +1.2% | -0.2% | -12.5% |
| 2012-01-25 beat | 1.38 | 1.40 | +1.2% | -0.5% | +0.7% | +5.1% | +15.9% |
| 2011-10-26 beat | 0.85 | 1.00 | +17.4% | +2.8% | +2.2% | -0.6% | -9.0% |
“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.