Oracle Corporation (NASDAQ:ORCL) To Release Earnings
Analysts await Oracle Corporation (NASDAQ:ORCL) to report earnings on Mar, 15 for the fiscal quarter ending Feb 2016.
They expect $0.58 EPS, down 12.07% or $0.07 from last year’s $0.65 per share.
At the moment 41 analysts are watching Oracle Corporation (NASDAQ:ORCL), 9 rate it “Buy”, 14 “Outperform”, 13 “Underperform”, 3 “Sell”, while 2 “Hold”.
Looking forward, for the quarter ending Aug-16, 31 analysts have a mean sales target of 8,686.30 million. For the quarter ending Nov-16, 31 analysts have a mean sales target of 9,269.04 million whilst for the year ending May-16, 34 analysts have a mean target of 37,250.60 million.
In terms of earnings per share, 32 analysts have a 0.60 EPS mean target for the quarter ending Aug-16, for the quarter ending Nov-16, 32 analysts have a 0.66 EPS mean target and for the quarter ending Nov-16 there are 39 estimates of 2.60 EPS.
Total shares held by institutions as of the most recent company filings are 2,636,830,443 with a reported 84,326,381 bought and 178,526,572 sold. These holdings make up 62.76% of the company’s outstanding shares.
The stock decreased 0.64% or $0.25 during the last trading session, hitting $39.07. Oracle Corporation (NASDAQ:ORCL) has risen 3.56% over the past 6 months and is uptrending.