Oracle Beats on Both Top and Bottom Lines
Oracle (NAS: ORCL) reported earnings on June 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended May 31 (Q4), Oracle beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue improved slightly and GAAP earnings per share expanded.
Margins improved across the board.
Oracle reported revenue of $11.00 billion. The 32 analysts polled by S&P Capital IQ expected sales of $10.88 billion on the same basis. GAAP reported sales were 1.3% higher than the prior-year quarter's $10.78 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.82. The 36 earnings estimates compiled by S&P Capital IQ averaged $0.78 per share. GAAP EPS of $0.69 for Q4 were 9.5% higher than the prior-year quarter's $0.63 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 81.6%, 170 basis points better than the prior-year quarter. Operating margin was 42.7%, 110 basis points better than the prior-year quarter. Net margin was 31.6%, 180 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $8.42 billion. On the bottom line, the average EPS estimate is $0.53.
Next year's average estimate for revenue is $38.96 billion. The average EPS estimate is $2.67.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,431 members out of 3,641 rating the stock outperform, and 211 members rating it underperform. Among 789 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 750 give Oracle a green thumbs-up, and 39 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Oracle is outperform, with an average price target of $33.82.
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The article Oracle Beats on Both Top and Bottom Lines originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Oracle. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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