Oracle (ORCL) Posts First Top-Line Beat in a Year, Wedbush Notes; PT to $42
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December 18, 2014 11:27 AM EST
Goldman Sachs maintained a Buy rating on Oracle (NYSE: ORCL) and raised its price target to $47.00 (from $46.00). The change follows Q2 results.
Analyst Heather Bellini said, "Revenue outperformance vs. the Street was due to slight upside in the Software & Cloud segment (76% of sales) and better hardware sales. Software & Cloud... More
December 18, 2014 9:35 AM EST
Nomura Securities analyst Rick Sherlund reiterated a Buy rating and bumped his price target on Oracle (NYSE: ORCL) to $49.00 (from $46.00) following solid Q2 results, noting booking are inflecting up in the cloud.
Sherlund commented, "Oracle reported a bit better-than-expected results on a... More
December 17, 2014 5:22 PM EST
Oracle (NYSE: ORCL) sees Q3 adjusted EPS of $0.73 - $0.78, versus consensus estimates of $0.73.
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December 17, 2014 4:01 PM EST
Oracle (NYSE: ORCL) reported Q2 EPS of $0.69, in-line with the analyst estimate of $0.69. Revenue for the quarter came in at $9.61 billion versus the consensus estimate of $9.5 billion.
Cloud software-as-a-service (SaaS), platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS) revenue was up 45% to $516 million. Hardware Systems... More
