Oracle (ORCL) will report earnings tomorrow after the close. Estimates are $0.56 versus $0.54 a year ago. Last quarter the earnings failed to meet expectations and the stock was slammed by almost 3% or close to 10%. as such, the price target is over $8 higher. A beat and this stock should rock however a miss could send it lower. We have to vote in favor for a beat and positive guidance.
No comments:
Post a Comment