Adobe Systems (ADBE) Q3 Earnings and Revenues Top Estimates

Core Insights - Adobe Systems reported quarterly earnings of $5.31 per share, exceeding the Zacks Consensus Estimate of $5.17 per share, and up from $4.65 per share a year ago, representing an earnings surprise of +2.71% [1] - The company achieved revenues of $5.99 billion for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 1.50%, and up from $5.41 billion year-over-year [2] - Adobe has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise for the previous quarter was +2.02%, with actual earnings of $5.06 per share compared to an expected $4.96 [1] - The current consensus EPS estimate for the upcoming quarter is $5.32, with projected revenues of $6.07 billion, while the estimate for the current fiscal year is $20.63 on $23.56 billion in revenues [7] Stock Performance and Outlook - Adobe shares have declined approximately 21.3% since the beginning of the year, contrasting with the S&P 500's gain of 11.1% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Context - The Computer - Software industry, to which Adobe belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Progress Software, another company in the same industry, is expected to report quarterly earnings of $1.30 per share, reflecting a year-over-year increase of +3.2% [9]