Analysts’ consensus forecast for Q1 adjusted earnings is $4.97 per share, compared to $4.48 per share in the three months ended February 2024. Adobe executives are looking for first-quarter earnings in the range of $4.95 per share to $5.00 per share. Wall Street forecasts first-quarter revenues of $5.66 billion.
In the fourth quarter of 2024, revenue rose 11% YoY to $5.61 billion. Net income was $1.68 billion or $3.79 per share, compared to $1.48 billion or $3.23 per share a year earlier. Adjusted earnings increased 13% year-over-year to $4.81 per share in Q4. For the first quarter of 2025, Adobe expects total revenue of $5.63-5.68 billion.