Oracle on Pace for Record High After F4Q Earnings Beat -- Data Talk
June 20 2019 - 11:08AM
Dow Jones News
Oracle Corp. (ORCL) is currently at $57.28, up $4.60 or
8.72%
-- Would be new all-time high (Based on available data back to
March 13, 1986)
-- On pace for largest percent increase since Dec. 18, 2014,
when it rose 10.18%
-- On Wednesday, Oracle reported that fiscal-fourth-quarter
revenue increased about 1% from the year earlier to $11.14 billion,
surpassing the $10.93 billion that analysts polled by FactSet
predicted. Profit rose to $3.74 billion, or $1.07 cents a share,
for the quarter, up from $3.28 billion, or 79 cents a share last
year. After adjustments, Oracle reported a profit of $1.16 a share,
9 cents better than Wall Street targets
-- Earlier Thursday, three firms raised their price target on
Oracle, Benzinga reported
-- Snaps a four day losing streak
-- Up 13.19% month-to-date
-- Up 26.85% year-to-date
-- Up 32.89% from 52 weeks ago (June 21, 2018), when it closed
at $43.10
-- Traded as high as $57.31; new all-time intraday high (Based
on available data back to March 13, 1986)
-- Up 8.79% at today's intraday high; largest intraday percent
increase since June 22, 2017, when it rose as much as 11.91%
-- Best performer in the S&P 500 today
-- Second most active stock in the S&P 500 today
All data as of 10:28:29 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 20, 2019 10:53 ET (14:53 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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