Oracle Earnings Fall Short with $0.01 Miss, Profit Below Expectations
According to Oracle's (NYSE: ORCL) report, the second quarter earnings per share were $1.47, which is $0.01 worse than analysts' expectations of $1.48. The profit announced for this quarter is set at $14.1B, while analyst expectations were $14.12B.
Oracle shares closed the day at $190.54, indicating an 18.07% gain over the past three months. The stock has increased by 67.71% over the last 12 months.
In the last 90 days, Oracle has seen 10 positive earnings per share and 13 negative earnings per share.
You can examine how Oracle's stock price responded to past earnings reports here. According to InvestingPro, Oracle's financial health score is "Quite Good."
Explore Oracle's latest earnings reports and the company's complete financial information here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.