Oracle ( NYSE:ORCL – Get Rating ) updated its first quarter 2024 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.12-$1.16 for the period, compared to the consensus earnings per share estimate of $1.14. The company issued revenue guidance of $12.36 billion-$12.59 billion, compared to the consensus revenue estimate of $12.32 billion. Oracle Price Performance Shares of ORCL stock opened at $116.70 on Wednesday. The firm's 50-day moving average is $99.54 and its two-hundred day moving average is $90.

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