TECH - Oracle Falls More Steeply Than Broader Market: What Investors Need to Know | Benzinga
The most recent trading session ended with Oracle (NASDAQ: ORCL) standing at $138.03, reflecting a -0.88% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.78%. At the same time, the Dow lost 1.29%, and the tech-heavy Nasdaq lost 0.7%.
Coming into today, shares of the software maker had lost 3.72% in the past month. In that same time, the Computer and Technology sector lost 3.17%, while the S&P 500 gained 2.14%.
Market participants will be closely following the financial results of Oracle in its upcoming release. The company is predicted to post an EPS of $1.32, indicating a 10.92% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $13.22 billion, indicating a 6.18% upward movement from the same quarter last year.
For the annual period, ...