On Tap Today: Oracle, Solectron Report Earnings
A pair of earnings releases make up the majority of the expected news this morning. Leading the way is
(ORCL - Get Report), which is set to release earnings after the closing bell. Analysts expect the company, which recently
In March, the company
Also on the earnings calendar for Monday is electronics manufacturing services company Solectron (SLR). Twenty-six analysts polled by Thomson Financial/First Call are expecting the company to earn 13 cents a share for the period.
But that's a lowered estimate. Solectron said in March that it expects sales of $4.1 billion to $4.5 billion in the third quarter, with earnings of 12 cents to 16 cents a share, excluding amortization and other intangible items. The consensus estimate at the time was 31 cents.
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