ADBE - Adobe Gears Up For Q4 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts | Benzinga
Adobe Inc. (NASDAQ: ADBE) is projected to release financial results for its fourth quarter, after the closing bell on Dec. 13, 2023.
Analysts expect the company to post quarterly earnings at $4.14 per share, up from year-ago earnings of $3.60 per share. The company’s revenue might come in at $5.03 billion for the latest quarter, compared to $4.53 billion in the year-earlier period, according to Benzinga Pro.
Last month, Adobe Inc received a formal antitrust complaint from European Union regulators concerning its proposed $20 billion acquisition of the cloud-based product design platform Figma.
Adobe shares rose 0.3% to trade at $627.11 on Tuesday.
Benzinga readers can access the latest analyst ratings on the ...