- May 20, 2024
- 1 second ago
Adobe's Earnings to Rise 15.3%
KEY POINTS:
Adobe's earnings per share projected at $4.38
Annual earnings estimate indicates 12.2% YoY growth
Adobe is projected to report earnings of $4.38 per share for the current quarter, marking a year-over-year increase of 15.3%. The earnings estimate for the current fiscal year is $18.03, indicating a year-over-year growth of 12.2%. For the next fiscal year, the earnings estimate stands at $20.23, representing a 12.2% increase from the expected report of the previous year.
In terms of revenue, the upcoming earnings release is expected to show a quarterly revenue of $5.08 billion, a rise of 9.24% from the same period last year. For the annual period, earnings of $18.03 per share and a revenue of $21.42 billion are anticipated, signifying increases of 12.2% and 10.36%, respectively, from the previous year.
These estimates have remained unchanged over the last 30 days.
