Oracle's growth story still intact despite 2Q misses: analysts
Portfolio Pulse from
Oracle's shares fell by 7.8% after missing earnings and revenue expectations for fiscal Q2 2025. The company reported EPS of $1.47 and revenue of $14.06 billion, both slightly below forecasts.
December 10, 2024 | 8:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Oracle's stock dropped 7.8% after missing Q2 earnings and revenue expectations. The company reported EPS of $1.47 and revenue of $14.06 billion, both slightly below forecasts.
Oracle's earnings and revenue both missed analyst expectations, leading to a significant drop in share price. The market reacted negatively to the slight misses and cautious outlook, indicating a short-term bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100