Oracle Q4 Adj. EPS $1.67 Beats $1.58 Estimate, Sales $13.80B Beat $13.73B Estimate
Portfolio Pulse from Benzinga Newsdesk
Oracle reported Q4 earnings of $1.67 per share, beating the $1.58 estimate, and sales of $13.80B, beating the $13.73B estimate. This represents an 8.44% increase in earnings and a 16.55% increase in sales compared to the same period last year.
June 12, 2023 | 8:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Oracle's Q4 earnings and sales beat estimates, with an 8.44% increase in earnings and a 16.55% increase in sales compared to the same period last year.
Oracle's better-than-expected Q4 earnings and sales results are likely to have a positive short-term impact on its stock price. The 8.44% increase in earnings and 16.55% increase in sales compared to the same period last year demonstrate strong financial performance, which is typically well-received by investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100