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Aditya Sarawgi

Adobe Earnings Preview: What to Expect

With a market cap of $157.1 billion, Adobe Inc. (ADBE) operates as a technology company worldwide. Founded in 1982, the San Jose, California-based company operates through Digital Media, Digital Experience, and Publishing and Advertising segments. The company’s offerings include products and services that enable individuals, teams, and enterprises to create, publish, and promote content through its Creative Cloud program. ADBE is expected to announce its Q2 results on Thursday, Jun. 12.

Ahead of the event, analysts expect ADBE to report an adjusted profit of $4.01 per share, up 10.5% from the year-ago quarter's profit of $3.63 per share. Moreover, the company has surpassed analysts' earnings estimates in each of the past four quarters.

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