Oracle Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga • • business
Key Points:
- Oracle Corporation is set to release its fourth-quarter earnings after the market closes on Wednesday, June 10.
- Analysts predict earnings of $1.96 per share, up from $1.70 in the same quarter last year, with expected revenue of $19.09 billion compared to $15.90 billion a year ago.
- The company has surpassed revenue estimates in only three of the past 10 quarters, including the most recent third quarter.
- Oracle shares declined 2.8%, closing at $205.81 on Tuesday ahead of the earnings report.
- Benzinga provides access to the latest analyst ratings and insights for investors considering Oracle stock.