Outlook: Oracle informs about the latest quarterly results

Oracle lets you look at the books on December 12, 2022: At the quarterly financial conference, Oracle will disclose the balance sheet for the quarter ended November 30, 2022.

26 Analysts estimate that Oracle will report earnings per share of $1.17 on average for the most recent quarter. Last year, the company had generated EPS of $1.21 per share.

In comparison to the same period last year, Oracle is said to have posted an increase in sales of 15.38 percent in the quarter that ended in November. 22 analysts see sales at an average of USD 11.95 billion compared to USD 10.36 billion in the same quarter last year.

Looking ahead to the current fiscal year, 29 analysts are expecting earnings per share of USD 4.95 on average, while USD 4.90 was reported in the same period last year. In terms of sales, 26 analysts on average assume that a total of USD 49.25 billion will be on the books in the current fiscal year, compared to USD 42.44 billion in the previous year.

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