Q4 FY18 GAAP EPS UP 8% TO $0.82 and NON-GAAP EPS UP 11% TO $0.99
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Oracle (ORCL) PT Lowered to $52 at RBC Capital; Disclosure Change is Telling
June 20, 2018 7:34 AM EDTRBC Capital lowered its price target on Oracle (NYSE: ORCL) to $52.00 (from $55.00) while maintaining a Sector Perform rating.
Analsyt Ross MacMillan said while modestly beating F4Q18 and guiding F1Q19 lower, they think the disclosure change is key.
The analsyt notes... More
Oracle (ORCL) Tops Q4 EPS by 5c
June 19, 2018 4:03 PM EDTOracle (NYSE: ORCL) reported Q4 EPS of $0.99, $0.05 better than the analyst estimate of $0.94. Revenue for the quarter came in at $11.3 billion versus the consensus estimate of $11.19 billion.
"Last year, I forecast double-digit non-GAAP earnings per share growth for FY18 and we delivered 14% growth this... More
