Oracle Sees Q1 Non-GAAP EPS $1.11 TO $1.15 Vs $1.14 Est
Portfolio Pulse from Charles Gross
Oracle expects Q1 non-GAAP earnings per share (EPS) to be in the range of $1.11 to $1.15, compared to the estimated $1.14.
June 12, 2023 | 9:32 pm
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Oracle's Q1 non-GAAP EPS is expected to be between $1.11 and $1.15, in line with the $1.14 estimate.
Oracle's Q1 non-GAAP EPS forecast is in line with the estimated $1.14, which indicates that the company's performance is as expected. This news is relevant and important for investors, but it is unlikely to have a significant short-term impact on the stock price, as the forecast is within the expected range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100