Adobe Q2 2024 Adj EPS $4.48 Beats $4.39 Estimate, Sales $5.310B Beat $5.292B Estimate
Portfolio Pulse from Benzinga Newsdesk
Adobe (NASDAQ:ADBE) reported Q2 2024 adjusted EPS of $4.48, beating the estimate of $4.39. Sales were $5.310 billion, surpassing the $5.292 billion estimate and marking a 10.26% increase from the same period last year.
June 13, 2024 | 8:05 pm
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Adobe reported Q2 2024 adjusted EPS of $4.48, beating the estimate of $4.39. Sales were $5.310 billion, surpassing the $5.292 billion estimate and marking a 10.26% increase from the same period last year.
Adobe's better-than-expected earnings and sales figures, along with a significant year-over-year sales increase, are likely to positively impact its stock price in the short term.
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IMPORTANCE 90
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