Earnings Reaction Rollercoaster: Oracle Tumbles, Casey's Surges
- September 11th, 2023
- 742 views
Oracle Corporation (NYSE: ORCL), a global technology company, reported first-quarter fiscal 2024 earnings of $1.19 per share, surpassing the consensus EPS estimate of $1.15. However, the company's quarterly revenues of $12.45 billion fell slightly below analysts' expected revenue of $12.46 billion.
$ORCL was trading at $115.30 in after-hours, down $11.41 (-9.00%).
In other news, Casey’s General Stores, Inc. (Nasdaq: CASY), a convenience store and retail company, reported first-quarter fiscal 2024 earnings of $4.52 per share, significantly exceeding the consensus EPS estimate of $3.37, but the company's quarterly sales of $3.87 billion were slightly below analysts' revenue projection of $3.89 billion for the period.
In after-hours, $CASY was trading at $246.55, up $7.15 (+2.99%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
September 23rd, 2026
FTC Endorses Education Department Proposal to Expand Higher Education Accreditation Options
September 22nd, 2026September 18th, 2026FTC Takes Action to Prevent Anticompetitive Arrangement in Beretta, Ruger Deal
September 16th, 2026Why Opponent Preparation Matters for Post-Graduate Athletes
September 16th, 2026
Member Login