Earnings Forecasts: Oracle Up, MongoDB Down Amid Industry Trends

A report reveals earnings forecasts for several companies reporting soon. Notably, Oracle shows positive growth while MongoDB faces a substantial decline. These contrasting figures are likely to impact investor sentiment and stock prices.

Date: 15-12-2024

AI Rating: 5

The report provides critical insights into the anticipated earnings performance of various companies, significantly impacting investor outlook and stock prices. In particular, it emphasizes two contrasting scenarios:

Oracle Corporation (ORCL): The consensus earnings per share (EPS) forecast is $1.18, reflecting a 12.38% increase compared to the same quarter last year. ORCL has consistently met or exceeded expectations, which positions it favorably against competitors. The Price to Earnings (P/E) ratio of 37.88, compared to an industry standard of 32.70, suggests strong earnings growth potential.
MongoDB, Inc. (MDB): The consensus EPS forecast is $-0.52, indicating a significant 40.54% decline from the previous year. The negative forecast combined with a dramatic drop in the P/E ratio suggests struggling financial performance compared to its peers (industry P/E ratio of 17.20).

Other companies reporting include:

Caseys General Stores, Inc. (CASY): The EPS is expected to be $4.24, showing no change year-on-year. The P/E ratio of 29.70, above the industry average of 26.30, suggests solid earnings growth prospects.
Toll Brothers, Inc. (TOL): Expected EPS is $4.30, a 4.62% increase from last year, reinforcing positive growth sentiment. Its P/E ratio of 11.40 aligns closely with industry standards but suggests moderately strong performance.
HealthEquity, Inc. (HQY): With an expected EPS of $0.51, reflecting a 27.50% increase, and a significantly higher P/E compared to its industry, HQY also indicates strong growth prospects.
Vail Resorts, Inc. (MTN): Forecasting an EPS of $-5.14, this reflects an 11.74% decrease, suggesting downward pressure on the company’s stock.
C3.ai, Inc. (AI): The EPS forecast is $-0.59, matching previous year's performance but not indicating growth.
Braze, Inc. (BRZE) and Phreesia, Inc. (PHR): Both have negative EPS but display some year-on-year increases (3.45% and 50%, respectively), reflecting ongoing struggles.
Planet Labs PBC (PL) and Yext, Inc. (YEXT): These companies show modest increases but are characteristically lower.
Genasys Inc. (GNSS): With a consensus EPS at $-0.11 (57.14% decrease), things look bleak.

The stark contrast in performance forecasts, specifically between ORCL's positive outlook and MDB's negative trajectory, can significantly sway investor sentiment and impact stock prices across these diverse sectors.

Stocks: ORCL MDB CASY TOL HQY MTN AI BRZE PHR PL YEXT GNSS