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Adobe (ADBE) earnings beat by $0.12, revenue topped estimates
By: Investing.com | September 14, 2023

Adobe (NASDAQ: ADBE) reported third quarter EPS of $4.09, $0.12 better than the analyst estimate of $3.97. Revenue for the quarter came in at $4.89B versus the consensus estimate of $4.87B.

Guidance

Adobe sees Q4 2023 EPS of $4.10-$4.15 versus the analyst consensus of $4.06.

Adobe sees Q4 2023 revenue of $4.98B-$5.03B versus the analyst consensus of $5.00B.

Adobe's stock price closed at $552.16. It is up 11.51% in the last 3 months and up 78.62% in the last 12 months.

Adobe saw 24 positive EPS revisions and 0 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.

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