Tuesday, March 22, 2011

Oracle (ORCL) Expected to Roar in Report

The next quarterly earnings report from Oracle (NASDAQ:ORCL) has high expectations surrounding it, setting the company up for a big move or a drop from disappointment.

At this stage it appears Oracle will meet expectations, which will give the share price of the company a nice boost, if those assumptions are correct.

Sales should jump by about 33 percent, with earnings almost matching that at an estimated growth of 30 percents.

Most importantly, guidance is expected to be strong, and that, more than anything, will propel the company forward, again, assuming expectations are met or exceeded.

Japan isn't expected to weigh on the company as much as it may on other tech companies.

Oracle closed Monday at $31.42, gaining $0.66, or 2.14 percent.

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