Oracle 4Q Earnings Pregame Scorecard
Having exceeded expectations last quarter by 4 cents per share, Oracle is scheduled to report again on Friday.
Expectations
Analysts currently expect Oracle to come in with earnings of 76 cents per share on revenues of $10.9 billion. Analyst estimates range from 74 cents per share to 78 cents per share. Over the past three months, the average estimate has moved up from 74 cents.
Last Quarter's Results
In the third quarter, profit rose 18.1% to $2.5 billion (49 cents a share) from $2.12 billion (41 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 3.1% to $9.04 billion from $8.76 billion.
Stock Ratings
Analysts are bullish on the stock as 19 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Stock Movement
The stock fell $1.79 per share between May 2, 2012 and May 7, 2012. Looking at change over the last three months, March 7, 2012 and June 1, 2012, the stock price fell $4.22 (-14%), from $30.22 to $26.
Company Fundamental Trends
Summary
Reporting Period: 4Q
Date of Release: Friday, June 8, 2012
EPS: 76 cents
Revenue Estimate: $10.9 billion