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Stock impact report

Oracle (ORCL) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
At the same time, the Dow lost 1.33%, and the tech-heavy Nasdaq lost 0.13%. The software maker's shares have seen a decrease of 14.88% over the last month, not keeping up with the Computer and Technology sector's loss of 9.27% and the S&P 500's loss of 6.3%. The investment community will be paying close attention to the earnings performance of Oracle in its upcoming release. The company is expected to report EPS of $1.64, up 0.61% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $15.56 billion, up 8.93% from the prior-year quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.04 per share and revenue of $57.06 billion, indicating changes of +8.63% and +7.74%, respectively, compared to the previous year. It is also important to note the recent changes to analyst estimates for Oracle. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward Show less Read more
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