Oracle Corporation ORCL will release earnings results for the first quarter after the closing bell on Tuesday, Sept. 9.
Analysts expect the Austin, Texas-based company to report quarterly earnings at $1.48 per share, up from $1.39 per share in the year-ago period. Oracle projects to report quarterly revenue of $15.04 billion, compared to $13.31 billion a year earlier, according to data from Benzinga Pro.
Bloomberg, last week, reported that JPMorgan and Mitsubishi UFJ Financial Group are readying a $38 billion debt package to fund data centers connected to Oracle.
Oracle shares gained 4.4% to close at $232.80 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker,…
