On Wednesday, June 21st, Oracle (ORCL) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 2 (Hold), and have a Value, Growth, and Momentum score of C.
In our video David will take a look at the current state of Oracle, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Oracle in Focus
Oracle Corporation (NYSE:ORCL) 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 at $0.73 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.63 per share, beating expectations by $0.06. Their average EPS surprise is 0.42%.
Oracle Corporation Price, Consensus and EPS Surprise
Oracle Corporation Price, Consensus and EPS Surprise | Oracle Corporation Quote
Bottom Line
How should investors play Oracle ahead of their earnings report? For insights on the best options trades, then tune in 1:00pm CST tomorrow to see David’s thoughts.
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