Oracle (ORCL) Tops Q2 EPS by 3c
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Drexel Hamilton Remains Bullish on Oracle (ORCL) Following 2Q Earnings Report
December 17, 2015 8:58 AM ESTDrexel Hamilton reiterated a Buy rating and $46.00 price target on Oracle (NYSE: ORCL) following the company's 2Q16 earnings report. Oracle reported non-GAAP sales of $9.0 billion, compared to the Street's $9.06 billion estimates. EPS of $0.63 exceeded consensus of $0.60, due in part to a lower tax... More
FBR Capital Cuts Price Target on Oracle (ORCL) Following In-Line 2Q
December 17, 2015 8:50 AM ESTFBR Capital maintained a Market Perform rating on Oracle (NYSE: ORCL), and cut the price target to $41.00 (from $44.00), following the company's in-line 2Q report. Total revenue of $9.0B came in essentially in line with consensus of $9.06B and FBR's estimate of $9.09B and was down 6% YOY. Pro forma EPS of $0.63 were above the consensus of $0.60 on an apples-to-apples basis, above the companys guidance range of $0.63 $0.66 on a constant... More
Oracle (ORCL) PT Trimmed to $45 at Jefferies Following 'Mixed' Q2
December 17, 2015 7:39 AM ESTJefferies analyst Brent Thill reiterated a Buy rating but trimmed his price target on Oracle (NYSE: ORCL) to $45.00 (from $46.00) following mixed Q2 results.
Thill commented, "Mixed F2Q results were characterized by a $60M total miss relative to consensus with hardware the main culprit ($87M downside to Street), though higher-margin rev areas, namely new... More
Oracle (ORCL) Adds Renée James as Director
December 16, 2015 4:40 PM ESTOracle (NYSE: ORCL)
announced that it has unanimously elected Renée James to the companys Board of Directors. The election is effective as of December 16, 2015 and increases the size of the Board to 13 directors.
We are pleased to have Renée join our Board as an... More
Oracle (ORCL) Declares $0.15 Quarterly Dividend; 1.5% Yield
December 16, 2015 4:31 PM ESTOracle (NYSE: ORCL) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.
The dividend will be payable on January 27, 2016, to stockholders of record on January 6, 2016, with an ex-dividend date of January 4, 2016.
The annual yield on the dividend is 1.5 percent.
For a... More
