Adobe Techniques (ADBE) reported $5.41 billion in income for the quarter ended August 2024, representing a year-over-year improve of 10.6%. EPS of $4.65 for a similar interval compares to $4.09 a 12 months in the past.
The reported income represents a shock of +0.79% over the Zacks Consensus Estimate of $5.37 billion. With the consensus EPS estimate being $4.53, the EPS shock was +2.65%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s value efficiency extra precisely.
Right here is how Adobe carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Enterprise Unit – Digital Media – Inventive ARR (Annualized Recurring): $13.45 billion versus the five-analyst common estimate of $13.46 billion.
- Enterprise Unit – Digital Media – Whole Digital Media ARR (Annual): $16.76 billion in comparison with the $16.71 billion common estimate primarily based on 4 analysts.
- Enterprise Unit – Digital Media – Doc Companies ARR (Annual): $3.31 billion versus the four-analyst common estimate of $3.25 billion.
- Income- Digital Media: $4 billion in comparison with the $3.97 billion common estimate primarily based on seven analysts. The reported quantity represents a change of +11.2% 12 months over 12 months.
- Income- Publishing and Promoting: $59 million in comparison with the $60.35 million common estimate primarily based on seven analysts. The reported quantity represents a change of -11.9% 12 months over 12 months.
- Income- Digital Expertise: $1.35 billion in comparison with the $1.34 billion common estimate primarily based on seven analysts. The reported quantity represents a change of +10.2% 12 months over 12 months.
- Income- Digital Media- Inventive Cloud: $3.19 billion versus $3.18 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +9.6% change.
- Income- Digital Media- Doc Cloud: $807 million versus the five-analyst common estimate of $790.70 million. The reported quantity represents a year-over-year change of +17.8%.
- Income- Companies and different: $146 million versus $163.69 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -10.4% change.
- Income- Merchandise: $82 million in comparison with the $111.98 million common estimate primarily based on three analysts. The reported quantity represents a change of -14.6% 12 months over 12 months.
- Digital Expertise Subscription Income: $1.23 billion in comparison with the $1.21 billion common estimate primarily based on three analysts. The reported quantity represents a change of +12.3% 12 months over 12 months.
- Web Income- Subscription: $5.18 billion versus $5.09 billion estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +11.9% change.
View all Key Company Metrics for Adobe here>>>
Shares of Adobe have returned +7.5% over the previous month versus the Zacks S&P 500 composite’s +4% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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