Oracle Stock Trends on Zacks as Earnings Estimates Rise

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Oracle has been one of the most searched-for stocks on Zacks.com, with shares returning 3.8% over the past month versus the S&P 500's 1.6% gain. The Zacks Consensus Estimate for current-quarter earnings has risen 5.3% over the last 30 days to $1.72 per share, while the current fiscal year estimate of $8.03 has increased 2.1% and the next fiscal year estimate of $10.69 has climbed 3.7%. Oracle reported revenues of $19.18 billion in its latest quarter, a 20.6% year-over-year increase, and beat the consensus EPS estimate by 7.65%. The stock carries a Zacks Rank #3 (Hold) and a Value Style Score of D, indicating it trades at a premium to peers.

Impact on stocks 1

Cloud & Digital Infrastructure · 1 stocks
Oracle Corporation
ORCL
▲ PositiveCapitalrelevance

Earnings estimates have risen and the company beat consensus EPS, indicating positive financial performance.