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A Preview Of Adobe's Earnings

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Benzinga Insights
·2 min read
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Adobe (NASDAQ:ADBE) unveils its next round of earnings this Wednesday, December 09. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Adobe reporting earnings of $2.66 per share on revenue of $3.36 billion. Adobe reported a profit of $2.29 per share when it published results during the same quarter last year. Sales in that period totaled $2.99 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on ADBE

The Wall Street estimate would represent a 16.16% increase in the company's earnings. Sales would be up 12.3% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

EPS Estimate

2.41

2.33

2.23

2.26

EPS Actual

2.57

2.45

2.27

2.29

Revenue Estimate

3.16 B

3.16 B

3.05 B

2.97 B

Revenue Actual

3.23 B

3.13 B

3.09 B

2.99 B

Stock Performance

Over the last 52-week period, shares of Adobe are up 60.39%.

Do not be surprised to see the stock move on comments made during its conference call. Adobe is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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