Analysts on Wall Street project that Oracle (ORCL) will announce quarterly earnings of $1.63 per share in its forthcoming report, representing an increase of 10.9% year over year. Revenues are projected to reach $16.15 billion, increasing 14.8% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. ...

Core Insights - Oracle's upcoming quarterly earnings report is expected to show earnings of $1.48 per share, a 5% increase year-over-year, with revenues projected at $14.36 billion, reflecting an 8.1% year-over-year growth [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [2] - The consensus EPS estimate has been revised 0.1% lower over the last 30 days, indicating a collective reevaluation by analysts [1] Revenue Projections - Analysts expect 'Revenue- Hardware' to be $719.61 million, a decrease of 4.6% year-over-year [4] - 'Revenue- Cloud license and on-premise license' is estimated at $1.20 billion, down 4.3% from the prior year [4] - 'Revenue- Cloud services and license support' is projected to reach $12.39 billion, an increase of 24.4% year-over-year [4] Ecosystem Revenue Estimates - 'Cloud Services and License Support Revenues by Ecosystem' is expected to be $11.20 billion, reflecting a 12.4% increase from the previous year [5] - 'Revenue- Services' is estimated at $1.25 billion, indicating a decrease of 4.5% year-over-year [5] - 'Cloud Services and License Support Revenues by Ecosystem- Applications cloud services and license support' is forecasted at $4.85 billion, a 5.8% increase [6] - 'Cloud Services and License Support Revenues by Ecosystem- Infrastructure cloud services and license support' is expected to be $6.32 billion, reflecting a 17.5% increase [6] Geographic Revenue Estimates - 'Geographic Revenue- Americas' is projected to reach $9.05 billion, a 9.4% increase year-over-year [7] - 'Geographic Revenue- Asia-Pacific' is expected to be $1.80 billion, reflecting a 6% increase [7] - 'Geographic Revenue- Europe, Middle East and Africa' is estimated at $3.48 billion, indicating a 4.9% year-over-year increase [7] Stock Performance - Over the past month, Oracle shares have returned -6.2%, compared to the S&P 500 composite's -4.1% change, with a Zacks Rank 4 (Sell) suggesting potential underperformance in the near future [8]