03:28 AM EDT, 03/11/2026 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Oracle (ORCL) shares were up more than 8% in recent premarket activity on Wednesday after the company overnight reported fiscal Q3 earnings and sales above forecasts.

The company reported fiscal Q3 adjusted earnings late Tuesday of $1.79 per diluted share, up from $1.47 a year earlier.

Analysts polled by FactSet expected $1.70.

Revenue for the three months ended Feb. 28 was $17.19 billion, up from $14.13 billion a year earlier.

Analysts surveyed by FactSet expected $16.92 billion.

For fiscal Q4, the company expects adjusted EPS of $1.96 to $2 on revenue growth of 19% to 21%. Analysts surveyed by FactSet expect adjusted EPS of $1.93.

Oracle reaffirmed revenue guidance of $67 billion for fiscal 2026 and raised revenue outlook to $90 billion for fiscal 2027. Analysts surveyed by FactSet expect $66.96 billion for fiscal 2026 and $86.61 billion for fiscal 2027.

The company maintained a quarterly dividend of $0.50 per share, payable April 24 to stockholders of record April 9.

Price: 162.40, Change: +13.00, Percent Change: +8.70