Lazard is raising its estimates on Oracle (ORCL) ahead of Thursday's FQ1 report: the firm is...

|About: Oracle Corporation (ORCL)|By:, SA News Editor

Lazard is raising its estimates on Oracle (ORCL) ahead of Thursday's FQ1 report: the firm is predicting a modest earnings beat, and sees favorable trends for enterprise software giant. Oracle has steadily rallied over the last few months, thanks to hopes that earlier fears of a major slowdown in IT spending were overblown.