For the quarter ended August 2024, Oracle (ORCL) reported income of $13.31 billion, up 6.9% over the identical interval final yr. EPS got here in at $1.39, in comparison with $1.19 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $13.22 billion, representing a shock of +0.68%. The corporate delivered an EPS shock of +5.30%, with the consensus EPS estimate being $1.32.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s value efficiency.
Right here is how Oracle carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
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Geographic Income- Americas
: $8.37 billion versus the two-analyst common estimate of $8.28 billion. The reported quantity represents a year-over-year change of +6.8%.
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Geographic Income- Asia-Pacific
: $1.71 billion in comparison with the $1.69 billion common estimate primarily based on two analysts. The reported quantity represents a change of +6.2% yr over yr.
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Geographic Income- Europe, Center East and Africa
: $3.23 billion versus the two-analyst common estimate of $3.27 billion. The reported quantity represents a year-over-year change of +7.4%.
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Income- Cloud license and on-premise license
: $870 million versus $731.77 million estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a +7.5% change.
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Income- Providers
: $1.26 billion versus the seven-analyst common estimate of $1.32 billion. The reported quantity represents a year-over-year change of -8.7%.
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Income- {Hardware}
: $655 million versus the seven-analyst common estimate of $675.62 million. The reported quantity represents a year-over-year change of -8.3%.
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Income- Cloud providers and license assist
: $10.52 billion versus $11.24 billion estimated by seven analysts on common.
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Cloud Providers and License Assist Revenues by Ecosystem
: $10.52 billion versus $10.50 billion estimated by seven analysts on common.
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Revenues by Choices- Cloud providers
: $5.62 billion in comparison with the $5.58 billion common estimate primarily based on two analysts.
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Revenues by Choices- License assist
: $4.90 billion in comparison with the $4.97 billion common estimate primarily based on two analysts.
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Cloud Providers and License Assist Revenues by Ecosystem- Infrastructure cloud providers and license assist
: $5.75 billion versus $5.77 billion estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +13.3% change.
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Cloud Providers and License Assist Revenues by Ecosystem- Functions cloud providers and license assist
: $4.77 billion versus the two-analyst common estimate of $4.83 billion. The reported quantity represents a year-over-year change of +6.7%.
View all Key Company Metrics for Oracle here>>>
Shares of Oracle have returned +7.4% over the previous month versus the Zacks S&P 500 composite’s +3.5% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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Oracle Corporation (ORCL) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
