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Oracle Reports Earnings on Thursday – Here’s What Jim Cramer Expects

June 7, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer said Oracle is trading at a bargain. The company releases quarterly earnings on Thursday, after the markets close. ‘It would be hard for them to surprise on the downside,’ Cramer said, adding that he thinks the company will criticize Salesforce and Workday . Cramer said he doesn’t want to short Oracle because it’s so inexpensive. Analysts expect Oracle to report earnings of $0.82 a share on sales of roughly $10.5 billion. During the same quarter a year ago, Oracle reported earnings of $0.78 per share.

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