Adobe (ADBE) is scheduled to announce Q4 earnings results on Wednesday, December 10th, after market close.
Wall Street, on average, expects the semiconductor company to post a quarterly EPS of $5.40 (+12.3% Y/Y) on revenue of $6.11B (+8.9% Y/Y).
Adobe raised its fiscal 2025 revenue and profit forecasts, citing strong demand for its design software and growing AI monetization.
For the fourth quarter, Adobe expects revenue of between $6.08B and $6.13B, and sees adjusted EPS of between $5.35 and $5.40. The company delivered third-quarter results above expectations.
“As ADBE heads into Q4, the company is on track for its first $6B quarter, rising margins, and upgraded guidance,” pointed out a recent Seeking Alpha analysis.
Stifel analysts believe Adobe has improved its positioning and messaging around gen-AI.
Adobe’s (ADBE) decision to remove Digital Media annual recurring revenue growth as a metric next year and replace it with total annual recurring revenue is a sign of “moderating growth,” Citi said.
Over the last 2 years, ADBE has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.
Over the last 3 months, EPS estimates have seen 26 upward revisions and 1 downward. Revenue estimates have seen 21 upward revisions and 3 downward.
Since the start of the year, ADBE shares have fallen over 23%, compared to the 16% rise in the broader S&P 500 index (SP500).
Seeking Alpha’s Quant recommended the stock as a Hold, while the Wall Street analysts see the company as a Buy.