Oracle (NYSE:ORCL) reported its Q3 earnings results on Thursday, March 10, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Oracle missed estimated earnings by 4.24%, reporting an EPS of $1.13 versus an estimate of $1.18.
Revenue was up $428.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 15.61% increase in the share price the next day.
Here's a look at Oracle's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.11 | 0.97 | 1.31 | 1.11 |
| EPS Actual | 1.21 | 1.03 | 1.54 | 1.16 |
| Revenue Estimate | 10.21B | 9.77B | 11.04B | 10.07B |
| Revenue Actual | 10.36B | 9.73B | 11.23B | 10.09B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
