Adobe Sees Q3 2023 Revenue $4.83B-$4.87B Vs $4.86B Est; Sees Adj. EPS $3.95-$4.00 Vs $3.89 Est
Portfolio Pulse from Benzinga Newsdesk
Adobe expects Q3 2023 revenue to be between $4.83B and $4.87B, compared to the estimated $4.86B. The company also forecasts adjusted EPS of $3.95 to $4.00, higher than the $3.89 estimate.
June 15, 2023 | 8:07 pm
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Adobe's Q3 2023 revenue and adjusted EPS projections surpass estimates, indicating strong financial performance.
Adobe's higher-than-expected Q3 2023 revenue and adjusted EPS forecasts suggest a strong financial performance, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100