Oracle Earnings Preview: Watch Operating Margin For 'Peak Oracle'

RerF Oracle (NYSE:ORCL) the former enterprise software database giant that has had to transition to the cloud in the last 10–15 years and is now forced to tackle the AI evolution, is scheduled to report their fiscal Q4 ’24 financial results after the closing bell on Tuesday, June 11, 2024. Street consensus is expecting $1.65 in EPS in $14.56 billion in revenue for expected yoy growth of -1% and +5% respectively. Operating income is expected to come in at $6.65 billion for expected yoy growth of 8%. Typi ...