What Investors See and Expect From Oracle Earnings

Before you go, we thought you'd like these...
Before you go close icon

Oracle Corporation (NASDAQ: ORCL) is set to report earnings on Thursday after the close. What has been amazing is that Oracle's share price is back to within 3% or so of its 52-week high after the stock had fallen from grace so hard back in December and more recently in May. The recovery has been more than 25% since the lows of May.

Thomson Reuters has a consensus of $0.53 EPS and $8.42 billion in revenue for the last quarter (its first fiscal quarter) and the next quarter estimates are $0.61 EPS and $9.23 billion in revenue.

Oracle is going to be very closely watched since it has stepped out of an assured "beat estimates and raise guidance" quarterly report in the last year.

We will also be watching the commentary about how Team Larry Ellison is doing in market share against rival SAP AG (NYSE: SAP).  We would also pay attention to Salesforce.com (NYSE: CRM) on the news.

Stay tuned for a more detailed preview on Thursday showing more detailed fundamental analysis, options analysis, and a review of support and resistance on its chart.

JON C. OGG


Filed under: 24/7 Wall St. Wire, Calendar, Earnings, Software, Technology Companies Tagged: CRM, ORCL, SAP
Read Full Story

Markets

S&P 500 2,384.20 -4.57 -0.19%
DJIA 20,940.51 -40.82 -0.19%
NASDAQ 6,047.61 -1.33 -0.02%
DAX 12,438.01 -5.78 -0.05%
NIKKEI 225 19,196.74 -55.13 -0.29%
HANG SENG 24,615.13 -83.35 -0.34%
USD (per EUR) 1.09 0.00 0.30%
USD (per CHF) 0.99 0.00 0.05%
JPY (per USD) 111.53 0.03 0.02%
GBP (per USD) 1.29 0.00 0.01%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners

Rescuer Sees Bumps All Over This Dog's Skin - Then X-Rays Reveal The Tragic Story Rescuer Sees Bumps All Over This Dog's Skin - Then X-Rays Reveal The Tragic Story
20 Folks Recall Shocking Interview Moments That Made Them NOT Want the Job 20 Folks Recall Shocking Interview Moments That Made Them NOT Want the Job
Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going Man Suspects His Wife Is Cheating On Him - Then His Daughter Reveals What's Really Going