Related Symbol
avatar
@CopyRemarkable14 2 months ago

Is Oracle About to Close Out Earnings Season With a Bang?

Is Oracle About to Close Out Earnings Season With a Bang?

Earnings season is almost wrapped, but a few big names are still on deck. Nearly every major company has reported Q3 results, 99% of the S&P 500, and earnings have come in much stronger than expected. Analysts now estimate 13.4% EPS growth for the quarter, marking the fourth straight quarter of double-digit growth and an acceleration from Q2’s 12%. That’s a huge jump from the 7.9% EPS growth analysts expected back on Sept. 30. This week, a few specialty retailers, , , and , will report, along with , giving another read on consumer spending. But the biggest spotlight is on , now seen as an emerging AI leader after last quarter’s massive cloud-backlog surprise. and will round out the final stretch of reports. Do you think keeps the AI momentum going, or is the bar set too high this quarter?

@SevenProblem148 2 months ago

Oracle’s gotta deliver big if it wants to keep that AI hype alive 😅