Adobe's Earnings Beat Expectations at $0.14, Profit Surges Higher Than Anticipated
According to the report by Adobe (NASDAQ: ADBE), the fourth-quarter earnings per share reached $4.81, surpassing analysts' expectations of $4.67 by $0.14. The reported earnings for this quarter were established at $5.61 billion, while analyst expectations were $5.54 billion.
For the first quarter of 2025, Adobe has set the earnings per share guidance at $4.95-$5.00, compared to analyst estimates of $4.94. The projected earnings for the first quarter of 2025 are $5.63 billion-$5.68 billion, with analyst predictions being $5.72 billion. Additionally, Adobe has set the earnings per share for the first quarter of 2025 at $20.20-$20.50, while analyst estimates were $20.53. The company's fiscal year 2025 earnings are anticipated to be $23.30 billion-$23.55 billion, in contrast to analyst forecasts of $23.80 billion.
The Adobe stock closed the day at $549.86, indicating a 2.42% increase over the past three months. However, the stock has seen a decline of 13.22% over the last 12 months. In the last 90 days, Adobe experienced 18 positive earnings per share outcomes and 9 negative earnings per share outcomes.
You can review how Adobe's stock price reacted to past earnings reports. According to InvestingPro, Adobe company has a financial health score of "Good performance." Explore Adobe's latest earnings reports and the company’s complete financial information. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.