Inside the Results
The company reported earnings of $2.5 billion, or 56 cents per share, compared to last year’s results of $2.55 billion, or 56 cents per share. Excluding special items, earnings were 69 cents per share, which matched analysts’ EPS estimates.
Revenue came in at $9.6 billion, up from $9.3 billion a year ago. Analysts expected to see revenue of $9.5 billion.
All Eyes on the New Co-CEOs
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.25%|
|VFINX||Vanguard 500 Index||0.77%|
|SGENX||First Eagle Global||0.53%|
The Bottom Line
Shares of ORCL are up 15% YTD.
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