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Barchart
Barchart
Kritika Sarmah

BIZARRE: What to expect from oracle s next quarterly earnings report - You Need To See This

With a market cap of $392 billion, Oracle Corporation (ORCL) offers products and services that address enterprise information technology environments worldwide. Founded in 1977, the Austin, Texas-based company offers various products through its Oracle cloud software, such as Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, and more. 

The company is expected to report its Q4 earnings on Tuesday, Jun. 10. Ahead of the event, analysts expect ORCL to report an EPS of $1.30 per share, down 3.7% from a profit of $1.35 per share reported in the year-ago quarter. It has exceeded or met analysts' earnings estimates in three of the past four quarters, while missing on one occasion. 

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