For the quarter ended November 2024, Adobe Techniques (ADBE) reported income of $5.61 billion, up 11.1% over the identical interval final 12 months. EPS got here in at $4.81, in comparison with $4.27 within the year-ago quarter.
The reported income represents a shock of +1.24% over the Zacks Consensus Estimate of $5.54 billion. With the consensus EPS estimate being $4.66, the EPS shock was +3.22%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher venture a inventory’s worth efficiency.
Right here is how Adobe carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Enterprise Unit – Digital Media – Artistic ARR (Annualized Recurring): $13.74 billion versus the six-analyst common estimate of $13.87 billion.
- Enterprise Unit – Digital Media – Whole Digital Media ARR (Annual): $17.22 billion versus the five-analyst common estimate of $17.30 billion.
- Enterprise Unit – Digital Media – Doc Cloud ARR (Annual): $3.48 billion versus the five-analyst common estimate of $3.44 billion.
- Income- Digital Media: $4.15 billion in comparison with the $4.11 billion common estimate based mostly on seven analysts. The reported quantity represents a change of +11.5% 12 months over 12 months.
- Income- Publishing and Promoting: $65 million in comparison with the $58.97 million common estimate based mostly on seven analysts. The reported quantity represents a change of -1.5% 12 months over 12 months.
- Income- Digital Expertise: $1.40 billion versus the seven-analyst common estimate of $1.37 billion. The reported quantity represents a year-over-year change of +10.3%.
- Income- Digital Media- Artistic Cloud: $3.30 billion versus $3.27 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +10.3% change.
- Income- Digital Media- Doc Cloud: $843 million versus $843.05 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +16.9% change.
- Income- Providers and different: $160 million versus the four-analyst common estimate of $187.63 million. The reported quantity represents a year-over-year change of -6.4%.
- Income- Merchandise: $81 million in comparison with the $114.53 million common estimate based mostly on three analysts. The reported quantity represents a change of -29% 12 months over 12 months.
- Digital Expertise Subscription Income: $1.27 billion versus $1.24 billion estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +12.6% change.
- Income- Subscription: $5.37 billion versus the three-analyst common estimate of $5.23 billion. The reported quantity represents a year-over-year change of +12.6%.
View all Key Company Metrics for Adobe here>>>
Shares of Adobe have returned +3.9% over the previous month versus the Zacks S&P 500 composite’s +0.8% change. The inventory at the moment has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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Adobe Inc. (ADBE) : Free Stock Analysis Report
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