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Adobe (ADBE) Earnings Date, Estimates & Call Transcripts

$559.05
+1.42 (+0.25%)
(As of 07/12/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Sep. 12Estimated
Actual EPS
(Jun. 13)
$4.48 Beat By $0.09
Consensus EPS
(Jun. 13)
$4.39
Skip Charts & View Estimated and Actual Earnings Data

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 EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$3.25$3.65$3.424.350 - 4.400
Q2 20244$3.40$3.59$3.484.350 - 4.400
Q3 20244$3.49$3.67$3.594.500 - 4.550
Q4 20242$3.72$3.84$3.78 
FY 202413$13.86$14.75$14.26 
Q1 20251$3.92$3.92$3.92 
Q2 20251$4.03$4.03$4.03 
Q3 20251$4.12$4.12$4.12 
Q4 20251$4.58$4.58$4.58 
FY 20254$16.65$16.65 $16.65

ADBE Earnings Date and Information

Adobe last announced its earnings data on June 13th, 2024. The software company reported $4.48 earnings per share for the quarter, beating the consensus estimate of $4.39 by $0.09. The firm had revenue of $5.31 billion for the quarter, compared to the consensus estimate of $5.29 billion. Its revenue for the quarter was up 10.2% compared to the same quarter last year. Adobe has generated $11.13 earnings per share over the last year ($11.13 diluted earnings per share) and currently has a price-to-earnings ratio of 50.2. Earnings for Adobe are expected to grow by 13.27% in the coming year, from $14.69 to $16.64 per share. Adobe has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, September 12th, 2024 based off prior year's report dates.

Adobe Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
9/12/2024
(Estimated)
------- 
6/13/2024Q2 2024$4.3860$4.48+$0.0940$3.77$5.29 billion$5.31 billion    
3/14/2024Q1 2024$4.3780$4.48+$0.1020$5.70$5.14 billion$5.18 billion    
12/13/2023Q4 2023$4.13$4.27+$0.14$3.81$5.01 billion$5.05 billion    
9/14/2023Q3 2023$3.98$4.09+$0.11$3.47$4.87 billion$4.89 billion    
6/15/2023Q2 2023$3.79$3.91+$0.12$3.26$4.77 billion$4.82 billion    
3/15/2023Q1 2023$3.68$3.80+$0.12$3.23$4.62 billion$4.66 billion    
12/15/2022Q4 2022$2.78$2.78-$3.03$4.52 billion$4.53 billion
9/15/2022Q3 2022$2.65$2.63($0.02)$2.84$4.44 billion$4.43 billion    
6/16/2022Q2 2022$2.65$2.70+$0.05$2.91$4.34 billion$4.39 billion    
3/22/2022Q1 2022$2.77$2.84+$0.07$3.02$4.24 billion$4.26 billion    
12/16/2021Q4 2021$3.20$3.20-$2.97$4.09 billion$4.11 billion    
9/20/2021Q3 2021$3.01$3.11+$0.10$2.78$3.90 billion$3.94 billion    
6/16/2021Q2 2021$2.81$3.03+$0.22$2.80$3.73 billion$3.84 billion    
3/22/2021Q1 2021$2.79$3.14+$0.35$2.67$3.76 billion$3.91 billion  
12/9/2020Q4 2020$2.66$2.81+$0.15$0.20$3.36 billion$3.42 billion  
9/15/2020Q3 2020$2.41$2.57+$0.16$2.27$3.16 billion$3.23 billion  
6/11/2020Q2 2020$2.33$2.45+$0.12$1.89$3.16 billion$3.13 billion  
3/12/2020Q1 2020$2.23$2.27+$0.04$1.90$3.05 billion$3.09 billion  
12/12/2019Q4 2019$2.26$2.29+$0.03$2.08$2.97 billion$2.99 billion  
9/17/2019Q3 2019$1.97$2.05+$0.08$1.91$2.82 billion$2.83 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, September 12th, 2024 based off last year's report dates. Learn more on ADBE's earnings history.

What guidance has Adobe issued on next quarter's earnings?

Adobe issued an update on its third quarter 2024 earnings guidance on Thursday, June, 13th. The company provided earnings per share guidance of 4.500-4.550 for the period, compared to the consensus earnings per share estimate of 4.170. The company issued revenue guidance of $5.3 billion-$5.4 billion, compared to the consensus revenue estimate of $5.0 billion.

Did Adobe beat their earnings estimates last quarter?

In the previous quarter, Adobe (NASDAQ:ADBE) reported $4.48 earnings per share (EPS) to beat the analysts' consensus estimate of $4.39 by $0.09. 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 $19.41 billion.

How much profit does Adobe generate each year?

Adobe (NASDAQ:ADBE) has a recorded net income of $5.43 billion. ADBE has generated $11.13 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 50.23 and a forward price-to-earnings ratio of 38.06. The price/earnings-to-growth ratio is 2.95.

What is Adobe's EPS forecast for next year?

Adobe's earnings are expected to grow from $14.69 per share to $16.64 per share in the next year, which is a 13.27% increase.


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This page (NASDAQ:ADBE) was last updated on 7/12/2024 by MarketBeat.com Staff

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