Oracle Stock In Focus Ahead of Q4 Earnings — Four Consecutive EPS Beats In The Rearview - Oracle (NYSE:OR

Oracle Corporation (NYSE:ORCL) stock is in focus Tuesday ahead of its fourth-quarter earnings report on Wednesday after the market closes.

Oracle stock is showing upward movement. What’s driving ORCL shares up?

What to Expect And Earnings HistoryAnalysts are expecting earnings per share of $1.89 on revenue of $19.09 billion for the quarter. That would represent meaningful growth from Q3, when Oracle reported EPS of $1.79 on revenue of $17.19 billion — both of which beat estimates at the time. The company has now beaten EPS estimates in four consecutive quarters, giving bulls reason to expect another outperformance. Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price target of $264.04. Recent analyst moves include:

B of A Securities: Buy (Raises Target to $240.00) (June 9)

Evercore ISI Group: Outperform (Raises Target to $245.00) (June 8)