RTX - Oracle Reports Weak Sales Joins Kinetik Lucid Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Dow Jones futures gaining over 50 points on Tuesday.
Shares of Oracle Corporation (NYSE: ORCL) shares fell sharply in pre-market trading following the release of quarterly results. Oracle reported upbeat earnings for its second quarter, while sales missed estimates.
Oracle reported quarterly adjusted earnings of $1.34 per share, topping the Street's estimate of $1.32. Revenue of $12.94 billion fell short of the analyst consensus estimate of $13.05 billion.
Oracle shares dipped 8.5% to $105.40 ...