Adobe Q3 2024 Adj. EPS $4.65 Beats $4.53 Estimate, Sales $5.410B Beat $5.370B Estimate
Portfolio Pulse from Benzinga Newsdesk
Adobe's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $4.65 and sales at $5.410 billion, marking a significant year-over-year growth.
September 12, 2024 | 8:05 pm
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Adobe reported Q3 2024 earnings per share of $4.65, surpassing the analyst estimate of $4.53. Sales also exceeded expectations at $5.410 billion, a 10.63% increase from last year.
Adobe's better-than-expected earnings and sales figures indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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