Adobe earnings beat by $0.12, revenue topped estimates

Adobe (NASDAQ: ADBE ) reported third quarter EPS of $4.65, $0.12 better than the analyst estimate of $4.53. Revenue for the quarter came in at $5.41B versus the consensus estimate of $5.37B. Guidance

Adobe sees Q4 2024 EPS of $4.63-$4.68 versus the analyst consensus of $4.24.

Adobe sees Q4 2024 revenue of $5.50B-$5.55B versus the analyst consensus of $5.09B.





Adobe's stock price closed at $586.55. It is up 11.66% in the last 3 months and up 5.96% in the last 12 months.

Adobe saw 23 positive EPS revisions and 3 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

Source: Investing.com