NASDAQ:ADBE

Adobe (ADBE) Earnings Date, Estimates & Call Transcripts

$509.90

+5.23 (+1.04%)

(As of 09/29/2023 ET)

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Today's Range: $505.44
▼
$518.58
50-Day Range: $502.60
▼
$564.88
52-Week Range: $274.85
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$570.24

Volume: 2.80 million shs
Average Volume: 3.01 million shs
Market Capitalization: $232.16 billion

P/E Ratio: 45.90
Dividend Yield: N/A
Price Target: $594.50

Upcoming Earnings Date: Dec. 21Estimated
Actual EPS (Sep. 14): $4.09 Beat By $0.11
Consensus EPS (Sep. 14): $3.98

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Earnings Per Share Revenue

ADBE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ADBE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Adobe Analyst Forecasts

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2023	4	$2.82	$2.96	$2.90	$3.65 - $3.70
Q2 2023	6	$2.88	$3.14	$3.01	$3.75 - $3.80
Q3 2023	5	$2.95	$3.17	$3.06	$3.95 - $4.00
Q4 2023	6	$2.97	$3.46	$3.25	$4.10 - $4.15
FY 2023	21	$11.62	$12.73	$12.22
Q1 2024	3	$3.25	$3.44	$3.35
Q2 2024	2	$3.40	$3.41	$3.41
Q3 2024	2	$3.49	$3.53	$3.51
Q4 2024	2	$3.72	$3.73	$3.73
FY 2024	9	$13.86	$14.11		$13.99

ADBE Earnings Date and Information

Adobe last announced its earnings results on September 14th, 2023. The software company reported $4.09 EPS for the quarter, beating analysts' consensus estimates of $3.98 by $0.11. The firm earned $4.89 billion during the quarter, compared to analyst estimates of $4.87 billion. Its quarterly revenue was up 10.3% compared to the same quarter last year. Adobe has generated $11.11 earnings per share over the last year ($11.11 diluted earnings per share) and currently has a price-to-earnings ratio of 45.9. Earnings for Adobe are expected to grow by 11.17% in the coming year, from $12.80 to $14.23 per share. Adobe has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, December 21st, 2023 based off prior year's report dates.

Adobe Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
12/21/2023 Estimated)	-	-	-	-	-	-	-
9/14/2023	Q3 2023	$3.98	$4.09	+$0.11	$3.47	$4.87 billion	$4.89 billion
6/15/2023	Q2 2023	$3.79	$3.91	+$0.12	$3.26	$4.77 billion	$4.82 billion
3/15/2023	Q1 2023	$3.68	$3.80	+$0.12	$3.23	$4.62 billion	$4.66 billion
12/15/2022	Q4 2022	$2.78	$2.78	-	$3.03	$4.52 billion	$4.53 billion
9/15/2022	Q3 2022	$2.65	$2.63	($0.02)	$2.84	$4.44 billion	$4.43 billion
6/16/2022	Q2 2022	$2.65	$2.70	+$0.05	$2.91	$4.34 billion	$4.39 billion
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3/22/2022	Q1 2022	$2.77	$2.84	+$0.07	$3.02	$4.24 billion	$4.26 billion
12/16/2021	Q4 2021	$3.20	$3.20	-	$2.97	$4.09 billion	$4.11 billion
9/20/2021	Q3 2021	$3.01	$3.11	+$0.10	$2.78	$3.90 billion	$3.94 billion
6/16/2021	Q2 2021	$2.81	$3.03	+$0.22	$2.80	$3.73 billion	$3.84 billion
3/22/2021	Q1 2021	$2.79	$3.14	+$0.35	$2.67	$3.76 billion	$3.91 billion
12/9/2020	Q4 2020	$2.66	$2.81	+$0.15	$0.20	$3.36 billion	$3.42 billion

Adobe Earnings - Frequently Asked Questions

When is Adobe's earnings date?: Adobe has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, December 21st, 2023 based off last year's report dates. Learn more on ADBE's earnings history.
Did Adobe beat their earnings estimates last quarter?: In the previous quarter, Adobe (NASDAQ:ADBE) reported $4.09 earnings per share (EPS) to beat the analysts' consensus estimate of $3.98 by $0.11. Learn more on analysts' earnings estimate vs. ADBE's actual earnings.
How can I listen to Adobe's earnings conference call?: The conference call for Adobe's latest earnings report can be listened to online. Listen to Conference Call
How can I read Adobe's conference call transcript?: The conference call transcript for Adobe's latest earnings report can be read online. Read Transcript

How much revenue does Adobe generate each year?: Adobe (NASDAQ:ADBE) has a recorded annual revenue of $17.61 billion.
How much profit does Adobe generate each year?: Adobe (NASDAQ:ADBE) has a recorded net income of $4.76 billion. ADBE has generated $11.11 earnings per share over the last four quarters.
What is Adobe's price-to-earnings ratio?: Adobe (NASDAQ:ADBE) has a trailing price-to-earnings ratio of 45.90 and a forward price-to-earnings ratio of 39.84. The price/earnings-to-growth ratio is 2.94.
What is Adobe's EPS forecast for next year?: Adobe's earnings are expected to grow from $12.80 per share to $14.23 per share in the next year, which is a 11.17% increase.

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This page (NASDAQ:ADBE) was last updated on 10/1/2023 by MarketBeat.com Staff

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Adobe (ADBE) Earnings Date, Estimates & Call Transcripts

ADBE Earnings Estimates and Actuals by Quarter

ADBE Estimated and Actual Revenue by Quarter

Adobe Analyst Forecasts

ADBE Earnings Date and Information

Adobe Earnings History by Quarter

Adobe Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat

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Adobe (ADBE) Earnings Date, Estimates & Call Transcripts

Earnings Summary

ADBE Earnings Estimates and Actuals by Quarter

ADBE Estimated and Actual Revenue by Quarter

Adobe Analyst Forecasts

ADBE Earnings Date and Information

Adobe Earnings History by Quarter

Adobe Earnings - Frequently Asked Questions

More Earnings Resources from MarketBeat