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Aditya Sarawgi

What to Expect From Adobe's Next Quarterly Earnings Report

San Jose, California-based Adobe Inc. (ADBE) is a diversified software company operating through Digital Media, Digital Experience, and Publishing and Advertising segments. With a market cap of $211.8 billion, it operates as one of the largest software companies in the world. The software giant is expected to release its Q4 earnings after the market closes on Wednesday, Dec. 11.

Ahead of the event, analysts expect Adobe to report a profit of $3.77 per share, up 7.1% from $3.52 per share reported in the year-ago quarter. The company has surpassed Wall Street’s earnings estimates in three of the past four quarters while missing on another occasion. Its adjusted EPS of $3.81 for the last reported quarter exceeded the consensus estimates by nearly 5%.

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