Adobe Q3 Adj. EPS $3.11 Beats $3.01 Estimate, Sales $3.94B Beat $3.89B Estimate

Adobe (NASDAQ:ADBE) reported quarterly earnings of $3.11 per share which beat the analyst consensus estimate of $3.01 by 3.32 percent. This is a 21.01 percent increase over earnings of $2.57 per share from the same period last year. The company reported quarterly sales of $3.94 billion which beat the analyst consensus estimate of $3.89 billion by 1.29 percent. This is a 22.17 percent increase over sales of $3.23 billion the same period last year.