24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this coming week. We are just exiting the main earnings season, but some companies still report in this down time. We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.
Oracle
Look for Oracle Corp. (NYSE: ORCL) to release its most recent quarterly results on Tuesday. The consensus estimates call for earnings per share (EPS) of $0.62 and $9.13 billion in revenue. Shares of this mega-cap software company trade at nearly 15 times estimated 2016 earnings, and it sports a solid free cash flow yield. Combined sales in Oracle’s cloud software, infrastructure and platform-as-a-service businesses were solid, and analysts feel that this business has room to grow.
Shares traded at $38.95 on the most recent close, in a 52-week trading range of $33.13 to $45.24. The stock has a consensus analyst price target of $43.50.
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