Baxia Markets News

Oracle expected to announce higher than anticipated Q4 earnings

Written by Baxia Markets | Jun 15, 2021 11:00:00 AM

Database software giant Oracle is scheduled to announce Q4 earnings results on Tuesday, June 15th, after market close. The company has come up with a better than expected result for the last four quarterly earnings announcements.

The consensus earnings per share (EPS) estimate is $1.33, which is more than 10% year over year, and the consensus Revenue Estimate is $11.04B, 5.7% higher year over year.

 

 

Over the last two years, ORCL has beaten EPS estimates 100% of the time and has beaten revenue estimates 63% of the time.

Over the last three months, EPS estimates have seen two upward revisions and two downward. Revenue estimates have seen two upward revisions and 0 downward.

Recent earnings analysis from other contributors: Oracle earnings preview: +31% YTD, Oracle has outperformed, but fundamentals haven't changed much

 

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