Oracle (ORCL) Q1 Earnings and Revenues Surpass Estimates

Oracle (ORCL) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.30%. A quarter ago, it was expected that this software maker would post earnings of $1.64 per share when it actually produced earnings of $1.63, delivering a surprise of -0.61%.Over the last four quarters, the company has ...