A Preview Of Oracle's Earnings

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Oracle ORCL announces its next round of earnings this Thursday, September 10. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.

Earnings and Revenue

Based on Oracle management projections, analysts predict EPS of $0.86 on revenue of $9.19 billion. Oracle EPS in the same period a year ago totaled $0.81. Revenue was $9.22 billion. The Wall Street consensus estimate for earnings per share would represent a 6.17% increase for the company. Here's how the Oracle's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2019 Q1 2019
EPS Estimate 1.16 0.96 0.88 0.81
EPS Actual 1.20 0.97 0.90 0.81
Revenue Estimate 10.67 B 9.75 B 9.65 B 9.29 B
Revenue Actual 10.44 B 9.80 B 9.62 B 9.22 B

Stock Performance

Over the last 52-week period, shares are up 4.03%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Oracle is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.oracle.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2628514&sessionid=1&key=90E94405277570B3B14610892CAB49A4&regTag=&sourcepage=register

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Posted In: EarningsTech
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