Update: Oracle Shares Jump Pre-Bell After Fiscal Q1 Adjusted Earnings, Revenue Beat; Lifts Fiscal 2027 Guidance
MT newswire2026/09/11 08:24Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:24 AM EDT, 09/11/2026 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Oracle (ORCL) shares were up more than 6.9% in Friday's premarket activity after the company reported stronger-than-expected growth in fiscal Q1 adjusted earnings and sales overnight and raised its full-year outlook. The company reported fiscal Q1 adjusted earnings late Thursday of $1.92 per diluted share, up from $1.47 a year earlier. Analysts polled by FactSet expected $1.74. Revenue for the three months ended August 31 was $19.35 billion, up from $14.93 billion a year earlier. Analysts expected $19.14 billion. For fiscal Q2, the company expects adjusted EPS of $1.85 to $1.93 and revenue growth of 30% to 34%. Analysts expect EPS of $1.89. For the full-year fiscal 2027, the company now expects adjusted EPS of $8.10 on revenue of at least $90 billion. It earlier expected adjusted EPS of $8.05 on revenue of $90 billion. Analysts expect EPS of $8.07 on revenue of $89.66 billion. The company maintained its quarterly dividend at $0.50 per share, payable Oct. 23 to stockholders of record Oct. 9.
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