Oracle To Report Near-Flat YoY Earnings?
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Oracle Corporation ORCL will report its fourth quarter financial results on Wednesday afternoon, after the market closes.

While the company guided slight earnings growth to $0.93 per share (up from $0.92 per share reported a year ago), the crowd and Wall Street analysts are expecting to see a small decline in earnings.

According to Estimize, the crowd is projecting consensus earnings of $0.91 per share on revenue of $11.165 billion, versus $11.326 billion reported a year ago.

The Street is the most bearish, and models consensus earnings of $0.87 per share on revenue of $10.943 billion.

It is also interesting to see how sentiment has evolved over time; both the Street and the crowd have become increasingly bearish as the reporting date has come closer.

Other Views

In a report published Monday, Wunderlich analyst Robert Breza previewed Oracle’s results, reiterating a Hold rating and price target of $47.00 on the stock.

The firm expects the tech company to deliver earnings and revenue at the high-end of the guidance, above consensus estimates.

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