Adobe (ADBE) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended February 2024, Adobe Systems (ADBE) reported revenue of $5.18 billion, up 11.3% over the same period last year. EPS came in at $4.48, compared to $3.80 in the year-ago quarter.The reported revenue represents a surprise of +0.94% over the Zacks Consensus Estimate of $5.13 billion. With the consensus EPS estimate being $4.38, the EPS surprise was +2.28%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...