Adobe (NASDAQ:ADBE) reported its Q2 earnings results on Thursday, June 16, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Adobe beat estimated earnings by 1.21%, reporting an EPS of $3.35 versus an estimate of $3.31.
Revenue was up $551.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 9.34% drop in the share price the next day.
Here's a look at Adobe's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.34 | 3.2 | 3.01 | 2.81 |
| EPS Actual | 3.37 | 3.2 | 3.11 | 3.03 |
| Revenue Estimate | 4.24B | 4.09B | 3.89B | 3.73B |
| Revenue Actual | 4.26B | 4.11B | 3.94B | 3.83B |
To track all earnings releases for Adobe visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
