Oracle Sees Q2 Adj EPS $1.85-$1.93 vs $1.89 Est; Sees Sales $20.875B-$21.518B vs $21.218B Est
Oracle (NYSE:ORCL) is looking for Q2 Adj EPS of $1.85-$1.93 vs $1.89 analyst estimate. sees sales of $20.875 billion-$21.518 billion vs $21.218 billion analyst estimate.
Oracle gave a sales forecast that is a bit lower than what experts predicted, though their earnings forecast is close. When a big company guides lower on sales, watch whether they explain why and whether customers are spending less.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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