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Adobe -7% After Hours Despite Q3 Sales and EPS Beat

Benzinga ·  Sep 12, 2024 20:09

Adobe $Adobe (ADBE.US)$ reported quarterly earnings of $4.65 per share which beat the analyst consensus estimate of $4.53 by 2.65 percent. The firm said it sees Q4 revenue reaching $5.55B and EPS of $4.68/share at the high end of the range, but estimates called for more.

The company reported quarterly sales of $5.410 billion which beat the analyst consensus estimate of $5.370 billion by 0.74 percent.  This is a 10.63 percent increase over sales of $4.890 billion the same period last year.

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