OptionsHouse

Options Trading News

March 21, 2013  Thu 7:27 AM CT

ORCL: SEE CHART GET CHAIN FIND STRATEGIES
Blames Execution by Sales Force

Oracle had a surprise profit miss yesterday, earning just $0.65 a share in its third quarter. Analysts had expected $0.66. Revenue of $9.38 billion also lagged the $8.96 billion estimate. ORCL drops 8 percent before the bell on my tradeMONSTER platform.

Jabil Circuit Earnings Miss

Jabil Circuit earned just $0.53 a share in its second quarter, a penny shy of consensus estimates. Revenue beat but outlook was weak, with the top and bottom lines both seen below estimates in the third quarter. JBL drops 2.5 percent in early trading.

Guess Provides Weak Outlook

Guess reported strong results, but the outlook was poor as margins crumble. First-quarter profit is expected to be no more than $0.10 a share, well below the $0.29 projected by the Street. Sales guidance is also weak, and GES is down 6 percent in the premarket.
Share this article with your friends


Related Stories

ORCL

Complex strategy is bullish on Oracle

July 1, 2016

A three-way trade is looking for a summer rally in the database manufacturer, which reported bullish quarterly results on June 16.

OptionsHouse

Premium Services

Education & Strategy

Keep it simple

One of the appealing features about options trading is that different options can be combined to create a large variety of risk vs. reward profiles.

View more education articles »