Oracle (ORCL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Oracle (ORCL) reported $14.06 billion in revenue for the quarter ended November 2024, representing a year-over-year increase of 8.6%. EPS of $1.47 for the same period compares to $1.34 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $14.12 billion, representing a surprise of -0.46%. The company delivered an EPS surprise of -0.68%, with the consensus EPS estimate being $1.48.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Oracle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Geographic Revenue- Americas: $8.93 billion compared to the $8.91 billion average estimate based on two analysts. The reported number represents a change of +10.7% year over year. Geographic Revenue- Asia-Pacific: $1.75 billion versus $1.82 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.4% change. Geographic Revenue- Europe, Middle East and Africa: $3.38 billion compared to the $3.47 billion average estimate based on two analysts. The reported number represents a change of +6.7% year over year. Revenue- Hardware: $728 million compared to the $707.15 million average estimate based on eight analysts. The reported number represents a change of -3.7% year over year. Revenue- Cloud license and on-premise license: $1.20 billion versus the eight-analyst average estimate of $1.17 billion. The reported number represents a year-over-year change of +1.4%. Revenue- Services: $1.33 billion versus the seven-analyst average estimate of $1.37 billion. The reported number represents a year-over-year change of -2.8%. Cloud Services and License Support Revenues by Ecosystem: $10.81 billion versus the seven-analyst average estimate of $10.90 billion. The reported number represents a year-over-year change of +12.1%. Revenue- Cloud services and license support: $10.81 billion compared to the $12.06 billion average estimate based on seven analysts. Revenues by Offerings- License support: $4.87 billion versus $4.99 billion estimated by two analysts on average. Cloud Services and License Support Revenues by Ecosystem- Infrastructure cloud services and license support: $6.02 billion compared to the $6.07 billion average estimate based on two analysts. The reported number represents a change of +16.6% year over year. Cloud Services and License Support Revenues by Ecosystem- Applications cloud services and license support: $4.78 billion versus the two-analyst average estimate of $4.89 billion. The reported number represents a year-over-year change of +6.9%. Revenues by Offerings- Cloud services: $5.94 billion versus $5.97 billion estimated by two analysts on average. View all Key Company Metrics for Oracle here>>>Shares of Oracle have returned +1.3% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oracle Corporation (ORCL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks