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Stock impact report

Adobe Systems (ADBE) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.09% gain on the day. Meanwhile, the Dow experienced a drop of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.65%. The the stock of software maker has risen by 3.96% in the past month, lagging the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 5.78%. The investment community will be closely monitoring the performance of Adobe Systems in its forthcoming earnings report. The company is scheduled to release its earnings on June 13, 2024. In that report, analysts expect Adobe Systems to post earnings of $4.39 per share. This would mark year-over-year growth of 12.28%. In the meantime, our current consensus estimate forecasts the revenue to be $5.28 billion, indicating a 9.65% growth compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates are projecting earnings of $17.96 per share and revenue of $21.42 billion, which would represent changes of +11.76% and Show less Read more
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