The next update on Oracle’s cloud efforts comes when it reports fiscal second-quarter earnings after the close on Monday, Dec. 17. For the quarter, Oracle is expected to report adjusted EPS of $0.78 on revenue of $9.52 billion, according to third-party analyst estimates. When Oracle reported fiscal Q1 results, that division generated $6.61 billion in revenue, a 3% year-over-year increase. While cloud performance is likely to draw much of the attention, Oracle’s other divisions will be important too as they’ve been drivers of the company’s top and bottom-line beats and misses. Oracle Options ActivityAround the upcoming earnings release, options traders have priced in a 6.1% ($2.83) stock move in either direction, according to the Market Maker Move indicator on the thinkorswim® platform.

Source: Forbes December 17, 2018 15:11 UTC