Adobe Q3 Earnings Preview: Revenue and EPS Expected to Rise by 9% and 11.2% Respectively

Adobe Systems (ADBE) is expected to report Q3 earnings of $5.17 per share, a 11.2% YoY increase, and revenues of $5.9 billion, a 9% YoY increase. The consensus EPS estimate has been revised downward by 0.1% over the last 30 days. Analysts predict revenue from digital media to reach $4.38 billion, a 9.8% YoY increase, and revenue from digital experience to reach $1.46 billion, a 7.9% YoY increase.

Wall Street analysts are forecasting that Adobe Systems (ADBE) will report quarterly earnings of $5.17 per share for its upcoming Q3 release, representing a year-over-year increase of 11.2%. Revenue is anticipated to reach $5.9 billion, indicating a 9% increase compared to the year-ago quarter [1]. Over the past 30 days, the consensus EPS estimate has been revised downward by 0.1%, highlighting analysts' collective reconsideration of their initial forecasts.

Analysts predict that revenue from digital media will reach $4.38 billion, a 9.8% year-over-year increase. Revenue from digital experience is expected to reach $1.46 billion, with a 7.9% year-over-year increase. These estimates provide insight into the key metrics that analysts are closely monitoring to gauge Adobe's performance [1].

Shares of Adobe have demonstrated returns of +2.3% over the past month compared to the Zacks S&P 500 composite's +3.1% change. With a Zacks Rank #4 (Sell), ADBE is expected to lag the overall market performance in the near future [1]. Investors should pay close attention to these earnings reports to understand how Adobe's strategic positioning in the AI-driven digital transformation race aligns with its financial performance.

References:
[1] https://finance.yahoo.com/news/adobe-adbe-q3-earnings-preview-131501877.html
[2] https://www.ainvest.com/news/oracle-adobe-q3-earnings-showdown-strategic-positioning-ai-era-2509/