Oracle Earnings Beat, But Shares Fall.Article By Mark GongloffOracle reported earnings of 75 cents a share. Analysts expected 71 cents a share.It reported revenue of $10.78 billion. Market expected $10.76 billion.Shares are down a bit, so there’s something under the hood that’s maybe not pleasing.More to come…
They apparently missed on hardware. And they are fully priced. But co looks pretty good for the long term.
Don't you just hate it when a company exceeds earnings and still fall?
It's never the earnings for the last quarter that really matter, it's the outlook.
Nobody has heard the outlook yet. The selling may be premature.