The Week in Preview: Expectations for Oracle, Nike, Interest Rates

Filed under: Earnings Reports, Forecasts, Bed Bath and Beyond (BBBY), NIKE, Inc'B' (NKE), Oracle Corp (ORCL), Economic Data, Federal Reserve

Among the coming week's most prominent quarterly reports are those from Oracle Corp. (ORCL), Bed Bath & Beyond Inc. (BBBY) and Nike Corp. (NKE). Analysts surveyed by Thomson Reuters are looking for healthy year-over-year earnings and revenue growth from each of them.

Analysts on average expect enterprise software giant Oracle to report that its fiscal fourth-quarter earnings rose 14.8% from a year ago to $0.54 per share. Revenue for the three months that ended in May is expected to have risen about 38.1% in the past year to $9.5 billion. Oracle's per-share earnings have not fallen short of consensus estimates in the past five quarters. The First Call recommendation of 37 analysts is to buy ORCL and has been for more than 90 days. Shares have retreated recently from the 52-week high of $26.63 and closed the week at $23.20.

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The Week in Preview: Expectations for Oracle, Nike, Interest Rates originally appeared on BloggingStocks on Sun, 20 Jun 2010 12:30:00 EST. Please see our terms for use of feeds.

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Oracle - Oracle Corporation - Thomson Reuters - Sun Microsystems - Nike Corp

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