Adobe Inc. ($ADBE) is set to report its second-quarter earnings today at 4:05 PM ET. Wall Street analysts expect the company to post an earnings per share (EPS) of $4.39, reflecting a 12.3% year-over-year increase, and revenue of $5.29 billion, up 9.8% from the previous year. The company's shares experienced a 0.6% decline, closing at $459.87 on Wednesday. Analysts have also provided varying estimates, with some predicting an EPS of $4.48 and revenue of $4.27 billion. Adobe has a strong track record of surpassing earnings expectations. The expected move for the stock is 38 points.
Adobe $ADBE is about to report earnings at 4:05 PM ET 👀⬇️ https://t.co/C4ns5yINd2
🎯 Adobe Inc. $ADBE Earnings Preview for Q2 2024 Earnings Release Date: June 13, 2024 at 4:05 PM EST Analysts' Expectations: EPS Estimate: $4.48 Revenue Estimate: $4.27 billionAnalysts Historical Performance: Adobe has a strong track record of surpassing earnings…
$ADBE results out at 4:05 PM ET today https://t.co/8JefLL2wYw
$ADBE reports after the close, expected move is 38 points
Adobe $ADBE reports earnings today after the markets close, Wall ST is expecting numbers of EPS of $4.39 up 12.3% YoY Revenue of $5.29B up 9.8% YoY
Adobe ($ADBE) is set to report its second-quarter earnings with an estimated earning per share of $4.39 and a revenue of $5.29 billion. The company's shares experienced a 0.6% decline, closing at $459.87 on Wednesday.