Oracle ORCL announces its next round of earnings this Thursday, September 10. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.
Earnings and Revenue
Based on Oracle management projections, analysts predict EPS of $0.86 on revenue of $9.19 billion. Oracle EPS in the same period a year ago totaled $0.81. Revenue was $9.22 billion. The Wall Street consensus estimate for earnings per share would represent a 6.17% increase for the company. Here's how the Oracle's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q4 2020 | Q3 2020 | Q2 2019 | Q1 2019 |
---|---|---|---|---|
EPS Estimate | 1.16 | 0.96 | 0.88 | 0.81 |
EPS Actual | 1.20 | 0.97 | 0.90 | 0.81 |
Revenue Estimate | 10.67 B | 9.75 B | 9.65 B | 9.29 B |
Revenue Actual | 10.44 B | 9.80 B | 9.62 B | 9.22 B |
Stock Performance
Over the last 52-week period, shares are up 4.03%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Oracle is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.oracle.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2628514&sessionid=1&key=90E94405277570B3B14610892CAB49A4®Tag=&sourcepage=register
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.