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2021-12-19

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Adobe tumbled over 7% in premarket trading as its financial report missed estimate

Adobe tumbled over 7% in premarket trading as its financial report missed estimate.It reported quart

Adobe tumbled over 7% in premarket trading as its financial report missed estimate

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This is a 13.88 percent increase over earnings of $2.81 per share from the same period last year. The company reported quarterly sales of $4.11 billion which beat the analyst consensus estimate of $4.09 billion by 0.49 percent. This is a 20.04 percent increase over sales of $3.42 billion the same period last year.</p>\n<p>It&nbsp;now sees FY22 adj. EPS $13.70; FactSet consensus is&nbsp;$14.26;FY22 revenue will&nbsp;be $17.9 bln; FactSet consensus is&nbsp;$18.2 bln.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194981368","content_text":"Adobe tumbled over 7% in premarket trading as its financial report missed estimate.It reported quarterly earnings of $3.20 per share which met the analyst consensus estimate. This is a 13.88 percent increase over earnings of $2.81 per share from the same period last year. 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