SAP SE (SAP) raises guidance, Union Pacific (UNP) posts higher profits

Published on October 21, 2021 11:20 AM PDT

SAP SE (SAP) raises guidance, Union Pacific (UNP) posts higher profits — Image source: Gsign76,Shutterstock

Highlights

SAP SE (NYSE: SAP) adjusted revenue surged 5% YoY in Q3, FY21.

SAP expects its cloud and software revenue to be between €23.8 billion and €24.2 billion in FY21.

Union Pacific Corporation’s (NYSE: UNP) operating revenue jumped 13% YoY in Q3, FY21.

Software firm SAP SE (NYSE: SAP) stock fell 2.6%, while rail company Union Pacific Corporation (NYSE: UNP) stock traded flat after reporting their quarterly results on Thursday.

The SAP stock was priced at US$139.90, down 2.61%, and the UNP stock traded at US$228.805, up 0.35% at around 9:47 am ET from their previous closing prices.

Let's take a closer look at the quarterly earnings of the companies.

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SAP SE (NYSE: SAP)

SAP SE is a software company based in Walldorf, Germany. It provides enterprise software to its clients for managing their businesses and customer relations.

The company’s adjusted revenue increased by 5% YoY to €6.84 billion in Q3, FY21, while its adjusted EPS surged 2% YoY to €1.74. Its operating profit was €1.24 billion, as compared to €1.47 billion in the year-ago quarter.

The company's profit after tax was €1.41 billion against €1.65 billion in Q3, FY20.

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The company now expects its cloud and software revenue at constant currencies to be between €23.8 billion and €24.2 billion in fiscal 2021, up from its previous forecast of €23.6 billion and €24 billion.

The firm has a market cap of US$164.10 billion, a P/E ratio of 23.5, and a forward P/E one year of 28.11. Its EPS is US$5.92. The 52-week highest and lowest stock prices were US$151.48 and US$104.64, respectively. Its trading volume was 646,996 on October 20.

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Union Pacific Corporation (NYSE: UNP)

Union Pacific is a railroad transportation company that connects more than 20 states in the US through rail and provides freight-hauling services. It is based in Omaha, Nebraska.

The company's operating revenue climbed 13% YoY to US$5.56 billion in Q3, FY21, while its operating income rose 20% YoY to US$2.43 billion.

The net income of UNP was US$1.67 billion, or US$2.57 per diluted share, as compared to US$1.36 billion, or US$2.01 per diluted share in Q3, FY20.

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In the third quarter, the firm has repurchased its 8.6 million shares for about US$1.8 billion.

The market cap of the company is US$149.52 billion, the P/E ratio is 26.11, and the forward P/E one year is 23.05. Its EPS is US$8.78. The stock saw the highest price of US$231.26 and the lowest price of US$171.50 in the last 52 weeks. Its share volume on October 20 was 3,454,194.

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Bottomline

Both the companies have witnessed considerable growth in recent months. The SAP stock rose 11.15% YTD, while the UNP stock grew 12.31% YTD. However, investors should consider the current market volatility and evaluate the stocks carefully before considering an investment.

Ipsita Sarkar

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Ipsita Sarkar - Author
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Ipsita Sarkar has spent years producing compelling journalistic content for leading media houses. From navigating the newsroom chaos to chasing big scoops and playing the digital traffic game, she has lived it all. At Kalkine Media, she tracks eq...
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