Adobe earnings beat by $0.14, revenue topped estimates

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Adobe sees Q1 2024 EPS of $4.35-$4.40 versus the analyst consensus of $4.26.

Adobe sees Q1 2024 revenue of $5.10B-$5.15B versus the analyst consensus of $5.19B.

Adobe sees FY 2024 EPS of $17.60-$18.00 versus the analyst consensus of $18.00.

Adobe sees FY 2024 revenue of $21.30B-$21.50B versus the analyst consensus of $21.73B.

Adobe’s stock price closed at $624.26. It is up 18.03% in the last 3 months and up 83.65% in the last 12 months.

Adobe saw 23 positive EPS revisions and 1 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 “great 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