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Adobe earnings beat by $0.09, revenue topped estimates

Published 06/13/2024, 04:09 PM
© Reuters Adobe earnings beat by $0.09, revenue topped estimates
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Investing.com - Adobe (NASDAQ: ADBE) reported second quarter EPS of $4.48, $0.09 better than the analyst estimate of $4.39. Revenue for the quarter came in at $5.31B versus the consensus estimate of $5.29B.

Guidance

Adobe sees Q3 2024 EPS of $4.50-$4.55 versus the analyst consensus of $4.48.

Adobe sees Q3 2024 revenue of $5.33B-$5.38B versus the analyst consensus of $5.40B.

Adobe sees FY 2024 EPS of $18.00-$18.20

Adobe sees FY 2024 revenue of $21.40B-$21.50B

Adobe's stock price closed at $458.74. It is down -6.85% in the last 3 months and down -4.34% in the last 12 months.

Adobe saw 15 positive EPS revisions and 11 negative EPS revisions in the last 90 days. See Adobe's stock price’s past reactions to earnings here.

According to InvestingPro, Adobe's Financial Health score is "good performance".

Check out Adobe's recent earnings performance, and Adobe's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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