We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unlocking Q2 Potential of Adobe (ADBE): Exploring Wall Street Estimates for Key Metrics
Read MoreHide Full Article
The upcoming report from Adobe Systems (ADBE - Free Report) is expected to reveal quarterly earnings of $4.96 per share, indicating an increase of 10.7% compared to the year-ago period. Analysts forecast revenues of $5.79 billion, representing an increase of 9% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Adobe metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue- Digital Media' at $4.27 billion. The estimate indicates a change of +9.4% from the prior-year quarter.
Analysts' assessment points toward 'Revenue- Publishing and Advertising' reaching $66.41 million. The estimate suggests a change of -10.3% year over year.
The collective assessment of analysts points to an estimated 'Revenue- Digital Experience' of $1.44 billion. The estimate points to a change of +8.3% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Services and other' will reach $145.74 million. The estimate indicates a year-over-year change of +0.5%.
The consensus estimate for 'Revenue- Subscription' stands at $5.55 billion. The estimate indicates a year-over-year change of +9.6%.
Analysts expect 'Revenue- Products' to come in at $102.79 million. The estimate suggests a change of -1.2% year over year.
Based on the collective assessment of analysts, 'Digital Experience Subscription Revenue' should arrive at $1.32 billion. The estimate indicates a change of +9.7% from the prior-year quarter.
Analysts predict that the 'Revenue- Subscription Revenue- Digital Media' will reach $4.18 billion. The estimate indicates a change of +9.2% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Subscription Revenue- Publishing and Advertising' will likely reach $28.81 million. The estimate points to a change of +2.9% from the year-ago quarter.
According to the collective judgment of analysts, 'Business Unit - Digital Media - Total Digital Media ARR (Annual)' should come in at $18.00 billion. The estimate compares to the year-ago value of $16.25 billion.
Adobe shares have witnessed a change of +8.8% in the past month, in contrast to the Zacks S&P 500 composite's +7.2% move. With a Zacks Rank #3 (Hold), ADBE is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Unlocking Q2 Potential of Adobe (ADBE): Exploring Wall Street Estimates for Key Metrics
The upcoming report from Adobe Systems (ADBE - Free Report) is expected to reveal quarterly earnings of $4.96 per share, indicating an increase of 10.7% compared to the year-ago period. Analysts forecast revenues of $5.79 billion, representing an increase of 9% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Adobe metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue- Digital Media' at $4.27 billion. The estimate indicates a change of +9.4% from the prior-year quarter.
Analysts' assessment points toward 'Revenue- Publishing and Advertising' reaching $66.41 million. The estimate suggests a change of -10.3% year over year.
The collective assessment of analysts points to an estimated 'Revenue- Digital Experience' of $1.44 billion. The estimate points to a change of +8.3% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Services and other' will reach $145.74 million. The estimate indicates a year-over-year change of +0.5%.
The consensus estimate for 'Revenue- Subscription' stands at $5.55 billion. The estimate indicates a year-over-year change of +9.6%.
Analysts expect 'Revenue- Products' to come in at $102.79 million. The estimate suggests a change of -1.2% year over year.
Based on the collective assessment of analysts, 'Digital Experience Subscription Revenue' should arrive at $1.32 billion. The estimate indicates a change of +9.7% from the prior-year quarter.
Analysts predict that the 'Revenue- Subscription Revenue- Digital Media' will reach $4.18 billion. The estimate indicates a change of +9.2% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Subscription Revenue- Publishing and Advertising' will likely reach $28.81 million. The estimate points to a change of +2.9% from the year-ago quarter.
According to the collective judgment of analysts, 'Business Unit - Digital Media - Total Digital Media ARR (Annual)' should come in at $18.00 billion. The estimate compares to the year-ago value of $16.25 billion.
View all Key Company Metrics for Adobe here>>>
Adobe shares have witnessed a change of +8.8% in the past month, in contrast to the Zacks S&P 500 composite's +7.2% move. With a Zacks Rank #3 (Hold), ADBE is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>