Oracle ( ORCL ) is due with its Q2 results in the after-hours session on Thursday, Dec. 14, and analysts polled by Capital IQ expect the company to report a profit of $0.68 per share on revenue of $9.567 billion.
The stock catches the eye of longs and shorts over the last 14 years as it consistently sees more aggressive next-day movement off both earnings-driven gains and declines.
ORCL has seen an earnings-driven after-hours gain in 30 of the 55 quarters MT Newswires has tracked. In 23 of those quarters, 77% of the time, the stock has added more aggressively to its gain in the following day's regular session.
On the downside, ORCL has recorded an earnings-driven after-hours decline in 25 of the 55 quarters tracked. The stock favors widening in its next-day performance following an evening decline, adding to its downside 17 times, or 68% of the time.
Here's the history:
On Sept. 14, 2017, ORCL declined 3.7% in after-hours trade after topping Q1 expectations but also guiding for its Q2 earnings view in-line to below the Street consensus. The stock tumbled lower the following day, closing the Sept. 15 regular session off 7.6%.
On June 21, 2017, ORCL surged 10.9% in evening trade after beating Q4 Street estimates and guiding its Q1 earnings view in-line to above the analyst consensus. The stock narrowed its gains the next day, closing the June 22 regular session up 8.5%.
On March 15, 2017, ORCL gained 5.1% in after-hours trade after topping Q3 expectations and setting in-line Q4 earnings guidance. The stock moved higher the following day, closing the March 16 regular session up 6.2%.
On Dec. 15, 2016, ORCL shed 2.2% in night trade after missing Q2 revenue expectations, beating on EPS and setting its Q3 earnings view in line to below the Street consensus. The stock moved lower the next day, closing the Dec. 16 regular session down 4.3%.
On Sept. 15, 2016, ORCL declined 2.6% in after-hours trade after missing Q1 expectations and issuing a disappointing outlook for Q2. The stock moved lower the next day, closing the Sept. 16 regular session off 4.7%.
On June 16, 2016, ORCL gained 1.9% in night trade after missing Q4 EPS estimates, beating on revenue and setting in line guidance for Q1. The stock firmed higher the next day, closing the June 17 regular session up 2.7%.
On March 15, 2016, ORCL advanced 4.3% in evening trade after beating Q4 EPS estimates, missing on sales and approving a stock buyback. The stock narrowed its gains the next day, ending the March 16 regular session up 3.8%.
On Dec. 16, 2016, ORCL dropped 1.5% in after-hours trade after posting mixed Q2 results and setting in-line to better-than-expected earnings for Q3 and Q4. The stock slumped lower the following day, closing the Dec. 17 regular session down 5%.
On Sept. 16, 2015, ORCL declined 1.9% in night trade after beating Q1 EPS expectations, missing on revenue, and guiding in line for its Q2. The stock tumbled even lower the next day, closing the Sept. 17 regular session down 4%.
On June, 17, 2015, ORCL declined 6.1% in after-hours trade after missing Q4 expectations and guiding its Q1 earnings view below the Street consensus. The stock narrowed its downside the next day, ending the June 18 regular session off 4.8%.
On March 17, 2015, ORCL gained 1.7% in night trade after missing Q3 revenue expectations, meeting on earnings and setting in-line guidance. The stock moved higher the next day, ending the March 18 regular session up 2.9%.
On Dec. 17, 2014, ORCL advanced 4.8% in after-hours trade after beating Q2 expectations and setting its Q3 earnings guidance in a range that straddled the Street consensus. The stock soared higher the next day, closing the Dec. 18 regular session up 10.1%.
On Sept. 18, 2014, ORCL shed 1.8% in night trade after missing Q1 expectations. The stock moved deeper in the red the next day, ending the Sept. 19 regular session down 4.2%.
On June 19, 2014, ORCL declined 5.5% in after-hours action after posting Q4 results shy of expectations and mixed guidance. The stock narrowed its slide the following regular session, closing down 3.9% on June 20.
On March 18, 2014, ORCL dropped 3.6% in after-hours trade after it reported disappointing Q3 results and a mostly in-line Q4 view. The stock cut its downside the next day, ending the March 19 regular session down 0.7%.
On Dec. 18, 2013, ORCL edged up 1.1% in night trade after topping Q2 estimates and setting in-line guidance. The stock added to its upside the next day, ending the Dec. 19 regular session up 5.7%.
On Sept. 18, 2013, ORCL declined 3.2% in after-hours trade after beating Q1 earnings expectations, coming in shy on revenue, and setting Q2 guidance in a range that straddled Street estimates. The stock reversed direction the following day, ending the Sept. 19 regular session up 0.06%.
On June 20, 2013, ORCL dropped 8.6% in night trade after coming in below Q4 expectations and setting in-line guidance for Q1. The stock added to its downside the next day, closing the June 21 regular session down 9.2%.
On March 20, 2013, ORCL tumbled 8.1% in after-hours action after missing Q3 expectations. The stock moved deeper south the next day, closing the March 21 regular session down 9.6%.
On Dec. 18, 2012, ORCL firmed 1.6% in after-hours trade after beating Q2 expectations and setting Q3 guidance in line with estimates. The stock added to its upside the next day, closing with a 3.7% gain on Dec. 19.
On Sept. 20, 2012, ORCL edged up 0.1% in evening trade after coming in shy on Q1 revenue but also guiding in-line for its Q2. The stock added slightly to its upside the next day, rising 0.6% in the Sept. 21 regular session.
On June 18, 2012, ORCL gained 2.9% in after-hours trade after topping Q4 expectations and announcing the approval of a share buyback program for up to an additional $10 billion in stock. The stock edged just higher the next day, closing the June 19 regular session up 3.1%.
On March 20, 2012, ORCL advanced 1.3% in night trade after posting better-than-expected earnings results, in-line revenue, and guiding for higher Q4 earnings. The stock lost its upside the following day, closing the March 21 regular session down 2.2%.
On Dec. 20, 2011, ORCL tumbled 9.7% in after-hours trade after missing on Q2 and setting mixed guidance. The stock headed deeper into the red the next day, closing the Dec. 21 regular session off 11.6%.
On Sept. 20, 2011, ORCL advanced 3.2% in evening trade after beating on Q1 and setting mixed guidance for its Q2. The stock moved higher the following day, closing the Sept. 21 regular session up 4.2%.
On June 23, 2011, ORCL dropped 4% in night trade despite posting better-than-expected Q4 results and issuing in-line guidance. The stock added a sliver more downside the following day, closing the June 24 regular session down 4.06%.
On March 24, 2011, ORCL advanced 3.7% in after-hours trade after topping Q3 estimates and setting its Q4 guidance mostly above the Street view. The stock narrowed its gains the following day, ending the March 25 regular session up 1.5%.
On Dec. 16, 2010, ORCL gained 3.8% in after-hours trade after reporting better-than-expected results and guidance. The stock turned slightly higher the next day, closing the Dec. 17 regular session up 3.9%.
On Sept. 16, 2010, ORCL jumped 4.5% in evening trade after beating Q1 expectations and setting Q2 guidance in line with estimates. The stock leaped higher the following day, closing the Sept. 17 regular session up 8.3%.
On June 24, 2010, ORCL gained 3.6% in after-hours trade after beating Q4 expectations and issuing a mixed Q1 outlook. The stock saw its gain cut back in the following day's regular session, ending up 1.9% on June 25.
On March 25, 2010, ORCL declined 1.2% in evening trade after beating Q3 expectations and setting its Q4 outlook in line with the Street view. It added modestly to its downside the following day, closing the March 26 regular session down 1.3%.
On Dec. 17, 2009, ORCL firmed 3.9% in evening trade beating Q2 expectations and setting in-line guidance. The stock continued heading north in the Dec. 18 regular session, ending up 6.3%.
On Sept. 16, 2009, ORCL dropped 2.4% in after-hours action after the company reported in-line earnings results, missed on revenue and set guidance in a range that could miss or meet the Street. The stock added to its negative run the next day, dropping 2.7% by the Sept. 17 regular session close.
On June 23, 2009, ORCL gained 2.6% in after-hours trade after beating Q4 expectations and setting its guidance above the Street view. The stock jumped higher the following day, ending the June 24 regular session up 7%.
On March 18, 2009, ORCL jumped 7.4% in after-hours trade after the company reported better-than-expected results and guidance. The stock firmed even higher the next day, closing the March 19 regular session up 9.7%.
On Dec. 18, 2008, ORCL advanced 3.3% in after-hours trade despite missing revenue expectations and setting guidance in-line with Street estimates. The stock firmed higher the following day, rising 7% in the Dec. 19 regular session.
On Sept. 18, 2008, ORCL gained 5.8% in after-hours trade after besting the Street's earnings expectations and guiding its outlook in line with estimates. The stock edged higher the following day, rising 7% by the close on Sept. 19.
On June 25, 2008, ORCL lost 3.1% in after-hours trade after topping Q4 expectations and setting its guidance in line with the Street view. It slid deeper into the red the next day, closing the June 26 bell-to-bell session down 5%.
On March 26, 2008, the stock fell 8.5% after ORCL reports a revenue miss. The loss was trimmed slightly, to 7.2% the next day.
On Dec. 19, 2007, the stock gained 6.5% during evening hours after ORCL reported in line with Q2 and guides for Q3 in line to above the Street view. The stock gained 6.4% the next day.
On Sept. 20, 2007, ORCL firmed 0.1% in evening activity after beating Q1 estimates and forecasting Q2 non-GAAP EPS to be in line to above expectations. Shares built on those gains and ended the next day session up 4.4%.
On June 26, 2007, the stock was up 1.1% after guiding higher. The gain improved to 2.7% the next day.
On March 20, 2007, ORCL edged up 2.8% in after hours when the company topped Q3 EPS estimates by $0.02. Shares rose further the next day, ending the regular session up 3.5%.
On December 18, 2006, ORCL eased 2.4% in night trade after mostly in line Q2 results and Q3 EPS guidance. The shares fell further the next day, closing the regular session down 4.5%.
On Sept. 19, 2006, shares jumped 13.1% in the evening hours after the company beat with Q1 results and offered favorable comments on Q2 in its conference call. The gain was reined in just slightly the next day although the issue still posted an 11.1% advance.
On June 22, 2006, shares nosed up just 0.4% in the evening hours after the company reported Q4 non-GAAP EPS of $0.29 per share, a penny better than the Street view. Revenue was $4.9 billion, vs. the FC mean of $4.73 billion. The gain expanded to 3.9% the next day.
On March 20, 2006, ORCL lost 3.5% in evening trade despite reporting better-than-expected Q3 results and guiding Q4 in line with forecasts. The shares regained some of their losses the following day, ending the regular session down 0.7%.
On December 15, 2005, ORCL lost 2.6% in night trade after reporting Q2 results in line with expectations. The shares trimmed their losses the next day, closing the regular session down only 1%.
ORCL declined 4.3% the night of Sept. 22, 2005 after the company reported in-line Q1 earnings, revenue just shy of Street estimates, and guided Q2 revenue below the then-current analyst consensus. The stock was hammered lower on Sept. 23, losing 7.9% by the close.
ORCL advanced 5% in the June 29 pre-market session after the company beat Street expectations and guided in-line to higher. The stock saw slightly more aggressive action between the bells, ending the day up 5.7%.
ORCL lost 1.5% the night of March 22, 2005 after the company beat expectations and guided higher. It turned slightly to the plus-side on March 23, rising a slim 0.1% between the bells.
Prior to the March 22-23 timeframe the stock had been a consistent wider mover between the sessions, posting more aggressive next-day regular session trade in its previous four reports.
Back on Dec. 13, 2004 ORCL added 6.9% in pre-market trade after the company topped expectations. The stock soared in regular session action, closing the Dec. 13 regular session up 10.1%.
On Sept. 14, 2004 ORCL advanced 3.7% in after-hours trade after the company beat Street estimates and guided in-line. More aggressive buying greeted the issue the following day as ORCL closed the Sept. 15 bell-to-bell session up 7.4%.
On June 15, 2004 the company beat expectations and issued in-line guidance, and the stock slid 2.1% in that night's after-hours. It closed the next day's regular session down 3%.
On March 11, 2004 ORCL reported results in line with expectations and ended the after-hours session down 0.4%. It followed that move with a decline of 1.6% by the close of the March 12 regular session.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
