Oracle Corporation (ORCL) Q3 2020 Earnings Results

Oracle Misses on EPS, Stock Down 11.0%

Oracle's earnings report showed a slight miss on EPS, which contributed to a significant drop in the stock price by 11%. The lack of revenue data and guidance may have heightened investor concerns. Management's defensive tone suggests they are preparing for ongoing challenges in the market.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.97	N/A	-0.53%

Management

Management commentary

Tone: Defensive

Overall, management acknowledged the challenges faced in the quarter. They indicated a cautious approach in navigating the current economic landscape.

Management expressed concerns about the current market conditions.

They emphasized the need for strategic adjustments moving forward.

Oracle Misses on EPS, Stock Down 11.0%

Key numbers

Management commentary

Oracle Corporation

More earnings this week

Oracle Misses on EPS, Stock Down 11.0%

Key numbers

Management commentary