Adobe (NASDAQ:ADBE) reported its Q3 earnings results on Thursday, September 15, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Adobe beat estimated earnings by 2.1%, reporting an EPS of $3.4 versus an estimate of $3.33.
Revenue was up $498.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 1.18% drop in the share price the next day.
Here’s a look at Adobe’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.31 | 3.34 | 3.2 | 3.01 |
| EPS Actual | 3.35 | 3.37 | 3.2 | 3.11 |
| Revenue Estimate | 4.34B | 4.24B | 4.09B | 3.89B |
| Revenue Actual | 4.39B | 4.26B | 4.11B | 3.94B |
To track all earnings releases for Adobe visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
