Oracle Corporation (NYSE:ORCL) is anticipated to report earnings after the closing bell on December 20, 2011.
ORCL trades an average of 22.5 million shares per day.
52-Week High: $36.50
52-Week Low: $24.72
Book Value: $8.10
Float Short: 0.86%
Analysts are expecting an improvement of $0.09 in earnings per share compared to last quarter's results of $0.48. Investors will be looking to top $0.57 per share, based on the estimated mean earnings. Analyst estimates range between $0.54 and $0.58 per share.
The P/E ratio has dropped, as the current trailing twelve months (ttm) P/E ratio is 17.5, while the forward P/E ratio is now 12.9. It will be interesting to see if pricing is currently at a discount, or if the market has been correct to price in lower growth expectations.
Oracle always appears to be playing second fiddle, and yet always seems to come through for technology investors. Short interest is growing which is clearly a concern, but the track record of revenue growth is anything but priced in with a PE of under 13 looking forward.
For the same fiscal period year-over-year, revenue has improved to $35.62 billion for 2011 vs. $26.82 billion for 2010. The bottom line has rising earnings year-over-year of $8.55 billion for 2011 vs. $6.14 billion for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $12.03 billion for 2011 vs. $9.06 billion for 2010. Rising revenue along with rising earnings is a very good sign, and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.
Here is a look at the fiscal year revenue.
Gross reported revenue compared to the mean estimate (rounded):
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Aug-11||$ 8.35 B||$ 8.40 B||$ 44.15 M||0.53%|
|May-11||$ 10.75 B||$ 10.81 B||$ 52.30 M||0.49%|
|Feb-11||$ 8.67 B||$ 8.81 B||$ 135.86 M||1.57%|
|Nov-10||$ 8.35 B||$ 8.65 B||$ 303.82 M||3.64%|
|Aug-10||$ 7.28 B||$ 7.59 B||$ 312.24 M||4.29%|
M = millions, B = billion.
Differences are rounded.
Some one-time items are often excluded in reported EPS.
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for ORCL:
The number of days to cover short interest based on average daily trading volume for ORCL:
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