Barclays Previews Oracle's Q4 Earnings: Sees Quarter, Guidance 'Solid'


In a research note Monday morning, an analyst at Barclays summarized expectations for Oracle's (NYSE: ORCL) fourth-quarter 2014 results, expected out on Thursday, June 19th after the closing bell. The firm's Raimo Lenschow expects positive data that falls in-line with consensus. The analyst sees "solid" guidance.

Lenschow will be looking for details in to Oracle's salesforce stability, cash return, and transition of cloudware speed. Previously Oracle has increased focused on its cloudware, which brings focus on improvement of speed of its cloudware, Lenschow said.

Consensus license growth for Oracle's quarter is nearly five percent since last year, while the quarterly growth appears in-line against the historical average. Quarterly license growth for the first quarter of 2015 are in-line at negative 59 percent compared with the historical average negative 60 percent.

On the stock itself, the Barclays analyst believes Oracles valuation appears highly attractive and cheap.

Barclays has an Overweight rating on Oracle. The price target was raised from $44 to $47.

Shares of Oracle are trading up about $0.04 on Monday afternoon; the stock last traded at $42.18.

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