Oracle Corporation (NYSE: ORCL) is set to announce its Q1 fiscal 2025 earnings on September 9, 2024, with significant attention on its AI initiatives. The company has consistently beaten earnings expectations, showing strong EPS growth in recent quarters. However, Oracle’s stock has been volatile following earnings releases.
Earnings Track Record: In Q1 2024, Oracle posted an EPS of $1.19, surpassing the $1.15 forecast and increasing 15.53% YoY. However, Q4 2024 saw a slight miss, with an EPS of $1.63 against a forecast of $1.65.
Stock Performance: After the Q1 2024 earnings, Oracle’s stock dropped 13.50%, and saw similar dips after Q2, before rebounding 13.32% following Q4 2024 results
AI as a Key Growth Driver: Oracle’s AI strategy, including AI-driven Oracle Cloud Infrastructure and Autonomous Database, is expected to drive Q1 growth, with cloud services and license revenues projected to increase by 13.3% year-over-year. Strategic partnerships with NVIDIA and Palantir bolster Oracle’s AI capabilities.
