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On Wednesday, September 14th, Oracle (ORCL - Free Report) will release its Q1 earnings results after the bell. The company is currently a Zacks Rank #4 (Sell) due to recently lowered earnings estimates.
Dave will investigate Oracle’s (ORCL - Free Report) past earnings, look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Oracle ahead of earnings.
Oracle in Focus
Oracle is one of the world's leading suppliers of software for information management. The company develops, manufactures, markets and distributes computer software that helps corporations manage and grow their businesses. The company's software products can be categorized into two broad areas: Systems software and Internet business applications software.
Oracle is expected to report earnings this quarter of $0.54 per share according to the Zacks Consensus Estimate. Last quarter, they reported an earnings miss of 1 cent, coming in just below the Zacks Consensus Estimate of $0.77 per share. Despite that report, Oracle has seen an average surprise of 1.50% over the last four quarters.
Oracle is trading around $40 a share near their 52-week high of $42.00 per share.
The Computer-Software industry is in the Top 39% of our Zacks Industry Rank. Considering the growth of business to business software, especially in business and system’s software, then Oracle is in a strong industry with plenty of growth potential.
That said, Oracle is in a very competitive sector including major players such as Adobe Systems (ADBE - Free Report) , Microsoft (MSFT - Free Report) , and SAP (SAP - Free Report) . Therefore, investors need to keep in mind Oracle is in a difficult sector that is constantly changing.
Bottom Line
It’ll be interesting to see Oracle’s earnings announcement this week. Meanwhile, here is our full preview for Oracle’s Earnings.
But how should investors play this company ahead of its report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1pm Central time on Wednesday on our YouTube Channel, and check out our other recent videos for more investing information.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
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The Best Options Trade for Oracle (ORCL) Earnings
On Wednesday, September 14th, Oracle (ORCL - Free Report) will release its Q1 earnings results after the bell. The company is currently a Zacks Rank #4 (Sell) due to recently lowered earnings estimates.
Dave will investigate Oracle’s (ORCL - Free Report) past earnings, look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Oracle ahead of earnings.
Oracle in Focus
Oracle is one of the world's leading suppliers of software for information management. The company develops, manufactures, markets and distributes computer software that helps corporations manage and grow their businesses. The company's software products can be categorized into two broad areas: Systems software and Internet business applications software.
Oracle is expected to report earnings this quarter of $0.54 per share according to the Zacks Consensus Estimate. Last quarter, they reported an earnings miss of 1 cent, coming in just below the Zacks Consensus Estimate of $0.77 per share. Despite that report, Oracle has seen an average surprise of 1.50% over the last four quarters.
ORACLE CORP Price, Consensus and EPS Surprise
ORACLE CORP Price, Consensus and EPS Surprise | ORACLE CORP Quote
Oracle is trading around $40 a share near their 52-week high of $42.00 per share.
The Computer-Software industry is in the Top 39% of our Zacks Industry Rank. Considering the growth of business to business software, especially in business and system’s software, then Oracle is in a strong industry with plenty of growth potential.
That said, Oracle is in a very competitive sector including major players such as Adobe Systems (ADBE - Free Report) , Microsoft (MSFT - Free Report) , and SAP (SAP - Free Report) . Therefore, investors need to keep in mind Oracle is in a difficult sector that is constantly changing.
Bottom Line
It’ll be interesting to see Oracle’s earnings announcement this week. Meanwhile, here is our full preview for Oracle’s Earnings.
But how should investors play this company ahead of its report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1pm Central time on Wednesday on our YouTube Channel, and check out our other recent videos for more investing information.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »