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Oracle Earnings: What to Watch

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Angela Skipper

Oracle Corp. ORCL -0.85 % is set to report financial results for its fourth fiscal quarter, ended in May, after the stock market closes Thursday.

Here s what you need to know:

EARNINGS FORECAST: Analysts surveyed by Thomson Reuters expect Oracle to report adjusted earnings per share of 81 cents, up from the 78 cents that the company reported on that basis in the year-earlier period.

—MARGIN IMPROVEMENT: Oracle management has repeatedly called fiscal 2016 a trough year, in large part because it is invested heavily on capital-intensive data centers necessary to run its cloud business.

—WHISTLEBLOWER SUIT: Earlier this month, a former senior finance manager hit Oracle with a lawsuit, claiming the company fired her after she threatened to blow the whistle on possibly unlawful accounting practices in its cloud-computing business.

Oracle denied the allegations, saying its accounting is proper and correct.

With the stock selloff, investors will be listening for any insight regarding the whistleblower litigation.

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Angela Skipper
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