Enterprise software giant Oracle (NYSE: ORCL) will be announcing earnings results this Wednesday after market hours. Here’s what to expect.

Oracle beat analysts’ revenue expectations last quarter, reporting revenues of $17.19 billion, up 21.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ billings estimates.

Is Oracle a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Oracle’s revenue to grow 20.1% year on year, improving from the 11.3% increase it recorded in the same quarter last year.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Oracle has missed Wall Street’s revenue estimates multiple times over the last two years.

With Oracle being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for data and analytics software stocks. However, there has been positive investor sentiment in the segment, with share prices up 5.5% on average over the last month. Oracle is up 9% during the same time .

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