Trading_Jazz
Long

Oracle // Bullish Cypher @33.46$ / IF=THEN ®

NYSE:ORCL   ORACLE CORP
NYSE:ORCL            

"Cloud competitors have their eyes on Oracle             as the company continues to rapidly build out its SaaS             and PaaS             product offerings. To put this in perspective, Oracle’s human capital management ( HCM             ) SaaS             product secured three times as many new customers as competitor Workday’s similar HCM             product. This focus on the cloud has led Oracle             to expect approximately $1.5-$2 billion in new SaaS             and PaaS             purchases this year alone. Oracle’s SaaS             and PaaS             revenues experienced a 54% increase last quarter as a result of the shift of 95% of its services to the cloud. While the cloud has been gaining traction, it hasn’t been enough to offset weakness in Oracle’s bread and butter software licensing division, which dropped 16% last quarter. For that reason, Oracle             has not been able to beat analyst estimates on the bottom-line for the past eight quarters, missing in five of those quarters and meeting in the other three. Revenues have been even worse, missing expectations in six of the past eight quarters. Year-to-date the stock has dropped nearly 15%."

Report Wednesday, December 16;

Information Technology - Software | Reports December 16, after the close.

The "community" consensus calls for EPS             of $0.61, in-line with Wall Street. Revenue estimates are also quite close, with the "community" calling for $9.113B and the Street slightly lower at $9.094B.

Safe trades;

Comment:
Comment: Olé! ;)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out