Oracle (ORCL) Offers Q3 Guidance
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Drexel Hamilton Reiterates Buy on Oracle (ORCL) Following 2Q Report
December 16, 2016 9:27 AM ESTDrexel Hamilton reiterated a Buy rating and $47.00 price target on Oracle (NYSE: ORCL) following the company's 2Q earnings report. Oracle reported sales of $9.07 billion, which missed the Street's $9.11 billion estimate. Pro forma EPS of $0.61 met the consensus estimate at $0.60.
Analyst Brian White... More
Wedbush Raises Price Target on Oracle (ORCL) Following 2Q Report
December 16, 2016 8:56 AM ESTWedbush reiterated a Neutral rating on Oracle (NYSE: ORCL), and raised the price target to $42.00 (from $41.00), following the company's 2Q earnings report. revenues were roughly in line with consensus and EPS were at the top of the range. However, cloud bookings grew only 30% Y/Y (down from 39% last quarter),... More
Jefferies Reiterates Buy on Oracle (ORCL) Folowing 2Q Report
December 16, 2016 7:12 AM ESTJefferies reiterated a Buy rating and $51.00 price target on Oracle (NYSE: ORCL) following the company's 2Q earnings report. Non-GAAP EPS of $0.61 and rev of $9.1B were about in line with consensus of $0.61 and $9.2B, although FX reduced revenue by about $90M and EPS by $0.01.... More
Oracle (ORCL) Tops Q2 EPS by 1c
December 15, 2016 4:00 PM ESTOracle (NYSE: ORCL) reported Q2 EPS of $0.61, $0.01 better than the analyst estimate of $0.60. Revenue for the quarter came in at $9.07 billion versus the consensus estimate of $9.12 billion.
"For four consecutive quarters our Cloud SaaS & PaaS revenue growth rate has increased," said Oracle CEO, Safra Catz. "As we get bigger in the cloud, we grow faster in the cloud. Our non-GAAP constant currency SaaS and PaaS growth rate... More
