Adobe Systems (ADBE) Surpasses Q2 Earnings Estimates
Adobe Systems (ADBE) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.35 per share. This compares to earnings of $1.83 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.26%. A quarter ago, it was expected that this software maker would post earnings of $2.22 per share when it actually produced earnings of $2.27, delivering a surprise of 2.25%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Adobe, which belongs to the Zacks Computer - Software industry, posted revenues of $3.13 billion for the quarter ended May 2020, missing the Zacks Consensus Estimate by 1.45%. This compares to year-ago revenues of $2.74 billion.
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https://finance.yahoo.com/news/adobe-sys...09046.html
Adobe Systems (ADBE) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.35 per share. This compares to earnings of $1.83 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.26%. A quarter ago, it was expected that this software maker would post earnings of $2.22 per share when it actually produced earnings of $2.27, delivering a surprise of 2.25%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Adobe, which belongs to the Zacks Computer - Software industry, posted revenues of $3.13 billion for the quarter ended May 2020, missing the Zacks Consensus Estimate by 1.45%. This compares to year-ago revenues of $2.74 billion.
...
https://finance.yahoo.com/news/adobe-sys...09046.html
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