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ADBE Adobe Systems Incorporated

Q1'24 · Reported 2024-03-14

Headline Verdict

BEATby +2.3%

EPS $4.48 vs $4.38 estimated

Market Reaction:FLAT-0.5%

EPS & Revenue

Reported EPS

$4.48

Estimated EPS

$4.38

Surprise

+2.3%

Revenue

$5.2B

EPS YoY

+65.3%

Revenue YoY

+11.3%

Market Reaction

Day Of

-0.5%

Flat

Next Day

-14.1%

Selloff

5-Day

-10.9%

Selloff

Close Before

$573.55

Close After

$570.45

Streak & Context

Beat Streak

+9 Q

Beat / Miss

BEAT

Macro Environment

Fed Rate

5.33%

CPI

312.332

Unemployment

3.9%

10Y Treasury

4.21%

2Y Treasury

4.59%