Want to join the conversation?
For 2Q17, on an adjusted and constant currency basis, $ORCL expects SaaS and PaaS revenues to grow 78-82%. Software and cloud revenue, including SaaS, PaaS, IaaS, new software license and software support, is expected to grow 3-5%. Total revenue growth is expected to be 0-3%. EPS is expected to be $0.59-0.62 in constant currency.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.