Oracle Set to Soothe Investor Jitters

Updated from 6:59 a.m. EDT SAN FRANCISCO -- Reinforced like a double-hulled ship, Oracle(ORCL Quote) isn't looking for any port in the recent economic storm.

And relative to the current market drama, the company's third-quarter earnings report after Wednesday's closing bell should be smooth sailing.

"I'm expecting a good report out of them, more or less in line" with estimates and across all business lines, says Andy Sheridan, senior tech analyst and portfolio manager at AIG SunAmerica Asset Management. "It should be a pretty solid quarter."

Analysts polled by Thomson Financial are expecting the Redwood Shores, Calif., company to post revenue growth of 23% to $5.42 billion and EPS, excluding items, of 30 cents. ...