Adobe earnings beat by $0.12, revenue topped estimates

Investing.com – Adobe (NASDAQ: ) 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 , and Adobe’s financials here.

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