New York, December 15th (TradersHuddle.com) – Shares of Oracle Corporation (NASDAQ:ORCL) are trading higher by +0.39% ahead of its quarterly earnings release. Oracle, the enterprise information management software provider is expected to release its quarterly results on December 16th.
Wall Street Analysts consensus calls for a profit of $0.46 a share on $8.34 billion revenue.
Oracle estimates have a range of $0.03 a share. The high estimate calls for profit of $0.47 a share and the low estimate is calling for a profit of $0.44 a share, a year ago for the quarter the company reported $0.39 a share.
Oracle Corporation (NASDAQ:ORCL) supplies software for enterprise information management. The Company offers databases and relational servers, application development, and enterprise business applications.