Business Beyond Tomorrow

Oracle earnings: what analysts are looking for

Seeing into Oracle's future

Oracle's recent performance will be focus as the company reports its quarterly earnings after the bell Wednesday, but its longer-term business strategy may be the more important consideration for many investors.

Oracle Corp. headquarters in Redwood Shores, California.
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Analysts are expecting that Oracle's earnings declined by 5 percent to 86 cents a share in its latest quarter compared with a year earlier, according to FactSet.

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"Short term, it really doesn't mean a lot because you're talking about a big transition. I think it will be interesting to find what they're doing on the cloud side, but it's still very early," said Patriarch Equity CEO Eric Schiffer in an interview with CNBC.

"Long term, as they begin to make more cloud acquisitions, I see them as being the winner in many respects. I think it's a great long-term stock," said Schiffer, who said he doesn't currently own shares of Oracle but plans to purchase them in the near future.