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Sunday, June 18, 2017

Can Oracle Reverse Its Earnings Downtrend?

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Oracle reports QE May 2017 financial results on June 21




Summary
  • Earnings estimates are an average of $0.78 per share by the analysts and $0.80 by Oracle management. This is a -3.7% and -1.2% YoY decrease, respectively.
  • A small YoY decrease in revenues (-1.4%) is projected by the analysts from $10.60 billion to $10.45 billion.
  • ORCL stock has been in a long-term uptrend and is up about 17+% for both 2017 YTD and the past 12 months.




Read more analysis and see the financial charts at Seeking Alpha!


About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE: ORCL), visit www.oracle.com/investor or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.


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