How To Earn $500 A Month From Oracle After Mixed Q1 Results
Portfolio Pulse from Lisa Levin
Oracle Corporation (NYSE:ORCL) released mixed Q1 results with a revenue of $12.45 billion, up 9% YoY, slightly below the market estimate of $12.46 billion. Adjusted EPS was $1.19, beating the consensus estimate of $1.15. Several analysts adjusted their price targets for Oracle following the results. The company offers an annual dividend yield of 1.27%, which equates to a quarterly dividend of $0.40 per share. To earn $500 per month from dividends, an investment of approximately $411,038 or around 3,750 shares is needed.
September 13, 2023 | 1:05 pm
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Oracle's mixed Q1 results and subsequent changes in analysts' price targets may impact the company's stock. The company's dividend yield could also attract investors looking for regular income.
Oracle's mixed Q1 results may have a neutral impact on the stock as the slightly lower revenue was offset by higher than expected EPS. Changes in analysts' price targets could also influence the stock price. The company's dividend yield could attract investors looking for regular income, potentially providing some support to the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100