Countdown to Oracle (ORCL) Q2 Earnings: Wall Street Forecasts for Key Metrics

Core Insights - Analysts project Oracle (ORCL) will report quarterly earnings of $1.63 per share, reflecting a 10.9% year-over-year increase, with revenues expected to reach $16.15 billion, a 14.8% increase from the same quarter last year [1] Revenue Estimates - The consensus estimate for 'Revenue- Hardware' is $713.60 million, indicating a year-over-year change of -2% [4] - The estimate for 'Revenue- Services' stands at $1.36 billion, reflecting a year-over-year change of +2% [4] - 'Cloud Services and License Support Revenues by Ecosystem- Applications cloud services and license support' is projected to be $3.87 billion, showing a year-over-year decline of -19.1% [4] - 'Cloud Services and License Support Revenues by Ecosystem- Infrastructure cloud services and license support' is expected to be $4.16 billion, indicating a -30.9% change from the prior-year quarter [5] Geographic Revenue Estimates - 'Geographic Revenue- Americas' is estimated to be $10.23 billion, reflecting a year-over-year increase of +14.6% [5] - 'Geographic Revenue- Asia-Pacific' is projected at $1.92 billion, indicating a year-over-year change of +10.2% [6] - 'Geographic Revenue- Europe, Middle East and Africa' is expected to reach $3.98 billion, reflecting a +17.6% change from the prior-year quarter [6] Stock Performance - Oracle shares have decreased by -12.1% over the past month, contrasting with the Zacks S&P 500 composite's increase of +1.3% [6] - Oracle holds a Zacks Rank of 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6]