Software Stock Watch: Oracle, Adobe Earnings Soon

By | September 14, 2015

Scalper1 News

Software giants Oracle (ORCL) and Adobe (ADBE) are all set to report their quarterly earnings this week. Here’s a look at what analysts expect: Oracle issues its fiscal first-quarter earnings after the close on Wednesday. Earnings are projected to fall 16% to 52 cents a share. Revenue is expected to edge down 0.8% to $8.53 billion. The database software leader has fallen short of estimates for the last two quarters. Oracle hit a high of 46.70 in Scalper1 News

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