Oracle (ORCL) Q2 Earnings and Revenues Miss Estimates
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Oracle (ORCL) reported Q2 earnings of $1.47 per share, missing the Zacks Consensus Estimate of $1.48. This is an increase from $1.34 per share a year ago.
December 09, 2024 | 11:30 pm
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Oracle's Q2 earnings of $1.47 per share missed the Zacks Consensus Estimate of $1.48, though they increased from $1.34 a year ago.
Oracle's earnings per share missed analyst expectations, which is typically viewed negatively by investors and could lead to a short-term decline in stock price. However, the year-over-year increase in earnings per share may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100