Oracle Corporation (ORCL)

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Oracle Co. (ORCL) Expected to Announce Quarterly Sales of $11.07 Billion
By: MarketBeat | April 27, 2021

Analysts expect Oracle Co. (NYSE:ORCL) to post $11.07 billion in sales for the current fiscal quarter, Zacks reports. Nine analysts have made estimates for Oracle's earnings, with estimates ranging from $10.97 billion to $11.15 billion. Oracle reported sales of $10.44 billion in the same quarter last year, which would suggest a positive year over year growth rate of 6%. The business is scheduled to report its next earnings results on Tuesday, June 15th.

On average, analysts expect that Oracle will report full year sales of $40.32 billion for the current financial year, with estimates ranging from $40.23 billion to $40.40 billion. For the next financial year, analysts expect that the firm will report sales of $41.41 billion, with estimates ranging from $40.76 billion to $42.42 billion. Zacks Investment Research's sales calculations are an average based on a survey of sell-side research analysts that cover Oracle.

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