Adobe (NASDAQ:ADBE) reported its Q4 earnings results on Wednesday, December 13, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Adobe beat estimated earnings by 3.14%, reporting an EPS of $4.27 versus an estimate of $4.14.
Revenue was up $523.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 4.21% drop in the share price the next day.
Here’s a look at Adobe’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 3.98 | 3.79 | 3.68 | 3.5 |
| EPS Actual | 4.09 | 3.91 | 3.80 | 3.6 |
| Revenue Estimate | 4.87B | 4.77B | 4.62B | 4.53B |
| Revenue Actual | 4.89B | 4.82B | 4.66B | 4.53B |
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.
