Oracle set to report its third quarter after the market closes on Tuesday. On the most fundamental level, Wall Street is expecting Oracle Corporation (NYSE:ORCL) to earn 67 cents on revenue of $9.36 billion, according to Zacks, up from 63 cents on sales of $8.96 billion. Oracle Corporation (NYSE:ORCL) shares after opening at $38.37 on current trade day and now at $38.23. Company price to sales ratio in past twelve months was calculated as 4.62 and price to cash ratio as 4.69. Oracle Corporation (NYSE:ORCL) showed a negative weekly performance of -1.65%.
Adobe Systems Incorporated (NASDAQ:ADBE) is set to report first-quarter 2014 results on Mar 18. Last quarter, it posted 5.3% negative surprise. Let’s see how things are shaping up for this announcement. Adobe’s fourth-quarter earnings of 18 cents exceeded the Zacks Consensus Estimate by a penny due to solid cost management and higher revenues. Revenues were up sequentially and at the higher end of management’s guidance range due to the accelerated adoption of creative cloud subscription pricing model. Adobe Systems Incorporated (NASDAQ:ADBE) shares advanced 0.07% in current session and now trading at $68.22. ADBE return on equity ratio is recorded as 4.20% and its return on assets is 2.80%. Adobe Systems Incorporated (NASDAQ:ADBE) yearly performance is 64.74%.
Hertz Global Holdings, Inc. (NYSE:HTZ) plans to spin off its equipment rental business into a separate publicly traded company.The car rental company says it will receive about $2.5 billion in net proceeds as part of the transaction and plans to use it to pay down debt and to support a new $1 billion stock buyback. Hertz also reported a smaller loss for the fourth quarter. Hertz Global Holdings, Inc. (NYSE:HTZ) shares moved down -0.18% in current trading session and was trading at $27.17, while trading in range of $26.97 – $27.73. Hertz Global Holdings, Inc. (NYSE:HTZ) year to date (YTD) performance is -4.89%.
FactSet Research Systems (NYSE:FDS) will release its Q214 earnings data on Tuesday, March 18th. Analysts expect FactSet Research Systems to post earnings of $1.21 per share and revenue of $226.36 million for the quarter. FactSet Research Systems Inc. (NYSE:FDS) weekly performance is -0.54%. On current trading day company shares is at $113.30. FactSet Research Systems Inc. (NYSE:FDS) distance from 50-day simple moving average (SMA50) is -0.38%. Analysts mean target price for the company is $111.00.