Oracle Q4 2024 Adj EPS $1.63 Misses $1.65 Estimate, Sales $14.300B Miss $14.554B Estimate
Portfolio Pulse from Benzinga Newsdesk
Oracle reported Q4 2024 adjusted EPS of $1.63, missing the analyst estimate of $1.65. Sales were $14.3 billion, also missing the $14.554 billion estimate. Despite the misses, sales increased by 3.35% year-over-year.
June 11, 2024 | 8:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Oracle's Q4 2024 earnings and sales both missed analyst estimates, with EPS at $1.63 and sales at $14.3 billion. However, sales increased by 3.35% year-over-year.
Oracle's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales increase may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100