Adobe Inc reports results for the quarter ended August 31 - Earnings Summary
Adobe Inc reports results for the quarter ended August 31 - Earnings Summary
Adobe Inc ADBE.OQ reported quarterly adjusted earnings of $6.13 per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of $5.31. The mean expectation of twenty nine analysts for the quarter was for earnings of $6.09 per share. Wall Street expected results to range from $6.05 to $6.35 per share.
Revenue rose 12.9% to $6.76 billion from a year ago; analysts expected $6.70 billion.
Adobe Inc's reported EPS for the quarter was $4.62.
The company reported quarterly net income of $1.83 billion.
Adobe Inc shares had risen by 24.3% this quarter and lost 27.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 13 "strong buy" or "buy," 21 "hold" and 5 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Adobe Inc is $260.00, about 2% above its last closing price of $254.86
This summary was machine generated from LSEG data September 10 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Aug. 31 2026 | 6.09 | 6.13 | Beat |
May. 31 2026 | 5.82 | 5.96 | Beat |
Feb. 28 2026 | 5.87 | 6.06 | Beat |
Nov. 30 2025 | 5.39 | 5.50 | Beat |
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