Oracle (ORCL - Free Report) is slated to release third-quarter fiscal 2020 results on Mar 12.
For the fiscal third quarter, the company expects non-GAAP revenues to rise in the range of 1-3%, both at U.S. Dollar (USD) and constant currency (cc).
The Zacks Consensus Estimate for revenues for the fiscal third quarter is pegged at $9.77 billion, indicating an improvement of 1.5% from the year-ago quarter.
Oracle expects non-GAAP earnings per share to be 96-98 cents in cc (and 95-97 cents excluding currency impact).
The Zacks Consensus Estimate for earnings has been pegged at 96 cents over the past 30 days, suggesting growth of 10.3% from the year-ago reported figure.
Notably, the company surpassed the Zacks Consensus Estimate in the trailing three quarters, matching the same once, the average positive surprise being 3.6%.
Let’s see how things have shaped up for the upcoming announcement.
Oracle Corporation Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Oracle (ORCL - Free Report) is slated to release third-quarter fiscal 2020 results on Mar 12.
For the fiscal third quarter, the company expects non-GAAP revenues to rise in the range of 1-3%, both at U.S. Dollar (USD) and constant currency (cc).
The Zacks Consensus Estimate for revenues for the fiscal third quarter is pegged at $9.77 billion, indicating an improvement of 1.5% from the year-ago quarter.
Oracle expects non-GAAP earnings per share to be 96-98 cents in cc (and 95-97 cents excluding currency impact).
The Zacks Consensus Estimate for earnings has been pegged at 96 cents over the past 30 days, suggesting growth of 10.3% from the year-ago reported figure.
Notably, the company surpassed the Zacks Consensus Estimate in the trailing three quarters, matching the same once, the average positive surprise being 3.6%.
Let’s see how things have shaped up for the upcoming announcement.
Oracle Corporation Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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