Total Revenue Unchanged at $9.3 Billion but Up 6% in Constant Currency
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March 18, 2015 8:27 AM EDT
Deutsche Bank maintained a Hold rating on Oracle (NYSE: ORCL) with a price target of $44. Comments follow Q3 results and guidance. Analyst Karl Keirstead noted it was an in-line print, with slightly weak guidance.
"Oracle (ORCL) posted largely in-line 3QF15 results, highlighted by... More
March 18, 2015 6:35 AM EDT
Credit Suisse analyst P. Winslow reiterated an Outperform rating and lifted his price target on Oracle (NYSE: ORCL) to $50.00 (from $47.50) following Q3 results, highlighting database and cloud raining growth despite FX headwinds.
The analyst notes CC software and cloud revenue growth equaled 7%... More
March 17, 2015 5:19 PM EDT
Oracle (NYSE: ORCL) sees Q4 adjusted EPS of $0.90 - $0.96, with the consensus at $0.94. Revs are expected to be up 1 to 6 percent sequentially (about $9.42 to $9.89 billion), which may not compare with the Street outlook at $11.43 billion.
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March 17, 2015 4:10 PM EDT
Oracle (NYSE: ORCL) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. This is a 25% increase from the prior dividend of $0.12.
The dividend will be payable on April 28, 2015, to stockholders of record on April 7, 2015, with an ex-dividend date of April 2,... More
March 17, 2015 4:03 PM EDT
Oracle (NYSE: ORCL) reported Q3 EPS of $0.68, in-line with the analyst estimate of $0.68. Revenue for the quarter came in at $9.33 billion versus the consensus estimate of $9.47 billion.
Oracle also announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of... More
