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- Company news: Adobe’s (ADBE) quarterly results beat analysts’ expectations
Ekonomické zprávy
12.12.2024
Company news: Adobe’s (ADBE) quarterly results beat analysts’ expectations
Adobe (ADBE) reported Q4 FY2024 earnings of $4.81 per share (versus $4.27 per share in Q4 FY2023), beating analysts’ consensus estimate of $4.67 per share.
The company’s quarterly revenues amounted to $5.606 bln (+11.1% y/y), beating analysts’ consensus estimate of $5.540 bln.
The company also issued guidance for Q1 FY2025, seeing EPS of $4.95-5.00 versus analysts’ consensus estimate of $4.95 and revenues of $5.63-5.68 bln versus analysts’ consensus estimate of $5.72 bln.
For the full FY2025, Adobe guided to EPS of $20.20-20.50 versus analysts’ consensus estimate of $20.52 and revenues of $23.3-23.55 bln versus analysts’ consensus estimate of $23.78 bln.
ADBE fell to $494.89 (-10.01%) in pre-market trading.
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