By Vasundhara Sawalka
Publication Date: 2026-03-06 15:27:00
oracle ORCL is scheduled to report its third quarter fiscal 2026 results on March 10.
For the third quarter of fiscal 2026, total revenue is expected to increase from 16% to 18% at constant exchange rates and from 19% to 21% in U.S. dollars at current exchange rates.
The Zacks Consensus Estimate for revenue is currently pegged at $16.89 billion, representing growth of 19.54% from the prior-year quarter.
Non-GAAP earnings per share are expected to increase 12-14% and be between $1.64 and $1.68 in cc. Non-GAAP earnings per share are expected to increase 16-18% and range from $1.70 to $1.74 in U.S. dollar terms.
The consensus mark for earnings is $1.70 per share, unchanged over the past 30 days. The figure shows a growth of 15.65% compared to the same period last year.
Image source: Zacks Investment Research
In the last reported quarter, Oracle delivered an earnings surprise of 38.65%. The company’s earnings missed the Zacks…