Q3 FY17 GAAP EPS UP 6% TO $0.53 and NON-GAAP EPS UP 7% TO $0.69
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Oracle (ORCL) PT Raised to $48 at UBS
March 16, 2017 9:47 AM EDTUBS raised its price target on Oracle (NYSE: ORCL) to $48.00 (from $45.00) while maintaining a Buy rating following strong results.
Analyst Fatima Boolani commented, "Hardware and services misses in ORCL's F3Q results were handily offset by Cloud and a surprise license upside,... More
Oracle (ORCL) PT Raised to $43 at Wedbush Following 3Q
March 16, 2017 7:21 AM EDTWedbush raised its price target on Oracle (NYSE: ORCL) to $43.00 (from $42.00) while maintaining a Neutral rating. ORCL delivered a 3Q $0.07 EPS beat on good cost control and a favorable tax rate.
Analyst Steve Koenig commented, "ORCLs 3Q/Feb. looked better than its... More
Oracle's (ORCL) Q4 EPS Guidance Tops Views
March 15, 2017 5:21 PM EDT(Updated - March 15, 2017 5:22 PM EDT)
Oracle (NYSE: ORCL) said it sees Q4 EPS of $0.78-$0.82 in constant currency vs the consensus of $0.78. Q4 revenue is seen down 1% to up 2%.
... MoreOracle (ORCL) Raises Quarterly Dividend 26.7% to $0.19; 1.8% Yield
March 15, 2017 4:06 PM EDTOracle (NYSE: ORCL) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. This is a 26.7% increase from the prior dividend of $0.15.
The dividend will be payable on April 26, 2017, to stockholders of record on April 12, 2017, with an ex-dividend date of April 10,... More
Oracle (ORCL) Tops Q3 EPS by 7c
March 15, 2017 4:01 PM EDTOracle (NYSE: ORCL) reported Q3 EPS of $0.69, $0.07 better than the analyst estimate of $0.62. Revenue for the quarter came in at $9.27 billion versus the consensus estimate of $9.26 billion.
"The hyper-growth we continue to experience in the cloud has rapidly driven both our SaaS and PaaS businesses to scale," said Oracle CEO, Safra Catz. "On an annualized non-GAAP basis, our total cloud business has reached the $5 billion mark, and our SaaS and PaaS businesses grew at the astonishing rate of 85% in Q3. That growth and the resulting scale... More
