0658 GMT - SAP's miss on earnings before interest and taxes and on-year margin compression are unpleasant surprises, J.P. Morgan analysts say in a research note. The German business-software company said its second-quarter margin was abnormal due to cost pressures and cost containment measures that are now in place, J.P Morgan says. However, "full-year EBIT guidance does require second-half EBIT growth to re-accelerate from the second-quarter level," the analysts say. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
July 24, 2026 02:58 ET (06:58 GMT)
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