Investing.com - Adobe (NASDAQ: ADBE) reported first quarter EPS of $4.48, $0.10 better than the analyst estimate of $4.38. Revenue for the quarter came in at $5.18B versus the consensus estimate of $5.14B.
Guidance
Adobe sees Q2 2024 EPS of $4.35-$4.40 versus the analyst consensus of $4.38.
Adobe sees Q2 2024 revenue of $5.25B-$5.30B versus the analyst consensus of $5.31B.
Adobe's stock price closed at $570.45. It is down -2.43% in the last 3 months and up 70.99% 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 recent earnings performance, and Adobe's financials here.
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