Oracle (ORCL) Declares $0.24 Quarterly Dividend; 1.8% Yield

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Oracle (ORCL) PT Raised to $65 at Cowen Following 4Q Report

June 20, 2019 8:35 AM EDT

Cowen analyst Derrick Wood raised the price target on Oracle (NYSE: ORCL) to $65.00 (from $56.00) while maintaining a Outperform rating following the company's 4Q report. ORCL reported revs of +4% handily beating the Street's +2%, and EPS $0.09 ahead. The main driver of upside was license revenue,... More

Oracle (ORCL) PT Raised to $61 at Raymond James

June 20, 2019 7:34 AM EDT

Raymond James analyst Michael Turits raised the price target on Oracle (NYSE: ORCL) to $61.00 (from $57.00) while maintaining an Outperform rating following results.

F4Q Beats On Database

Guide To F20 Revenue Acceleration & 10%+ EPS Growth

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Oracle (ORCL) Tops Q4 EPS by 9c

June 19, 2019 4:03 PM EDT

Oracle (NYSE: ORCL) reported Q4 EPS of $1.16, $0.09 better than the analyst estimate of $1.07. Revenue for the quarter came in at $11.1 billion versus the consensus estimate of $10.95 billion.

"In Q4, our non-GAAP operating income grew 7% in constant currencywhich drove EPS well above the high end of my guidance," said Oracle CEO, Safra Catz. "Our high-margin Fusion and NetSuite cloud applications businesses are growing rapidly, while we downsize our... More