Oracle (Nasdaq: ORCL ) reported earnings on Sep. 20. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Aug. 31 (Q1), Oracle missed estimates on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share grew.
Margins expanded across the board.
Oracle reported revenue of $8.21 billion. The 34 analysts polled by S&P Capital IQ looked for net sales of $8.41 billion on the same basis. GAAP reported sales were 2.3% lower than the prior-year quarter's $8.37 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.53. The 36 earnings estimates compiled by S&P Capital IQ predicted $0.53 per share. GAAP EPS of $0.41 for Q1 were 14% higher than the prior-year quarter's $0.36 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 78.3%, 200 basis points better than the prior-year quarter. Operating margin was 33.8%, 30 basis points better than the prior-year quarter. Net margin was 24.9%, 290 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $9.05 billion. On the bottom line, the average EPS estimate is $0.61.
Next year's average estimate for revenue is $38.29 billion. The average EPS estimate is $2.67.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,417 members out of 3,629 rating the stock outperform, and 212 members rating it underperform. Among 801 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 762 give Oracle a green thumbs-up, and 39 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Oracle is outperform, with an average price target of $33.97.
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