Adobe (ADBE) stock has inched lower ahead of the software giant’s fiscal Q3 earnings scheduled to be released after the market closes on Sept. 10. Consensus is for ADBE to record $4.86 a share of earnings (EPS) for its third quarter, which would represent about a 13.29% growth on a year-over-year basis.
Despite the recent decline, Adobe shares remain up more than 20% versus their low in late June.