Although the revenue and EPS for Adobe (ADBE) give a sense of how its business performed in the quarter ended November 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Adobe Systems (ADBE) came out with quarterly earnings of $4.81 per share, beating the Zacks Consensus Estimate of $4.66 per share. This compares to earnings of $4.27 per share a year ago.
Adobe (ADBE) issued a revenue outlook that came in below analysts' expectations, sending shares lower in extended trading Wednesday.
Shantanu Narayen, Adobe chairman & CEO, joins 'Closing Bell Overtime' to talk Adobe's Q4 results ahead of the earnings call.
Adobe Inc (NASDAQ:ADBE) reported record fourth-quarter results for fiscal 2024, delivering strong revenue growth and exceeding Wall Street expectations, but shares fell about 8% in after-hours trading as the company issued a fiscal 2025 revenue forecast below analyst estimates. Revenue for the quarter rose 11% year-over-year to $5.6 billion, beating consensus estimates by $70 million, while non-GAAP earnings per share were $4.81, surpassing expectations by $0.14.
A weaker outlook clouded an otherwise OK quarter for the software company amid rising competition in AI.
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Photoshop maker Adobe forecast annual revenue below Wall Street estimates on Wednesday, indicating the company's investments to weave AI into its software applications were taking longer to bear fruit.
Adobe handily beat Wall Street's targets for its fiscal fourth quarter. But its sales and earnings guidance for 2025 was below views.
Adobe Inc ADBE will be reporting its fourth-quarter earnings on Wednesday. Wall Street expects $4.66 in EPS and $5.54 billion in revenues as the company reports after market hours.
The Investment Committee debate the earnings setup on Costco and Adobe.
Adobe Inc. ADBE will release earnings results for its fourth quarter, after the closing bell on Wednesday, Dec. 11.