Earnings Preview For Adobe
Portfolio Pulse from Benzinga Insights
Adobe (NASDAQ:ADBE) is set to release its latest quarterly earnings report on June 15, 2023. Analysts estimate an EPS of $3.79. Last quarter, the company beat EPS by $0.12, resulting in a 5.9% share price increase the next day. Shares are currently trading at $478.99 and have risen 32.03% over the last 52 weeks.
June 14, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Adobe is expected to report an EPS of $3.79 for its upcoming earnings release. Last quarter, the company beat EPS estimates, resulting in a 5.9% share price increase.
The article focuses on Adobe's upcoming earnings release and its potential impact on the stock price. Since the company beat EPS estimates last quarter and experienced a 5.9% share price increase, a similar outcome could occur if they beat estimates again. However, the short-term impact is uncertain as it also depends on the company's guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100