Oracle Corp. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Oracle Corp. (NASDAQ:ORCL) will unveil its latest earnings on Thursday, June 23, 2011. Oracle Corp. develops, manufactures, markets, distributes and services software designed to help its customers manage and grow their businesses.

Oracle Corp. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst is estimating net income of 69 cents per share, a rise of 21.1% from the same quarter a year ago. Estimates range from profit of 66 cents per share to net income of 71 cents per share. Over the past three months, the consensus estimate has moved up from 63 cents. The consensus estimate is unchanged from a month ago. For the year, analysts are projecting profit of $2.11 per share, a rise of 32.7% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting net income of 51 cents per share against a mean estimate of profit of 47 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $10.75 billion in revenue this quarter, a rise of 11.6% from the year ago quarter. Analysts are forecasting total revenue of $35.74 billion for the year, from last year’s revenue of $27.03 billion.

Analyst Ratings: Analysts are bullish on this stock with 33 analysts rating it as a buy and none rating it as a sell. While the average rating for the stock remains a moderate buy, the strength of the rating has dwindled over the past three months.

Key Stats:

The company has enjoyed double-digit year-over-year revenue growth for the past four quarters. Over that span, the company has averaged growth of 42.6%, with the biggest boost coming in the first quarter when revenue rose 48.4% from the year earlier quarter.

The company has now seen net income rise in three-straight quarters. In the third quarter of the last fiscal year, net income rose 78% while it rose 28.3% in the second quarter and 20.3% in the first quarter.

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Hewlett-Packard Company (NYSE:HPQ), Microsoft Corporation (NASDAQ:MSFT), SAP AG (NYSE:SAP), Intel Corporation (NASDAQ:INTC), Apple Inc. (NASDAQ:AAPL), Red Hat, Inc. (NYSE:RHT), EMC Corporation (NYSE:EMC), CA, Inc. (NASDAQ:CA), and Adobe Systems Incorporated (NASDAQ:ADBE).

Recent Price Movement: From a month ago, the stock price has dropped $3.00 (-8.8%) from $33.91 on May 18, 2011 to $30.91 on June 16, 2011. The stock price saw one of its best stretches over the last year between April 19, 2011 and May 2, 2011 when shares rose for nine-straight days, rising 8% (+$2.70) over that span. It saw one of its worst periods between June 1, 2011 and June 8, 2011 when shares fell for six-straight days, falling 5% (-$1.63) over that span. Shares are down 28 cents (-0.9%) year to date.

(Source: Xignite Financials)

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