Adobe Systems (ADBE) Tops Q1 EPS by 9c, Offers Q2 and FY Guidance

Adobe Systems (NASDAQ: ADBE) reported Q1 EPS of $1.71, $0.09 better than the analyst estimate of $1.62. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.55 billion.

GUIDANCE:

Adobe Systems sees Q2 2019 EPS of $1.77, versus the consensus of $1.88. Adobe Systems sees Q2 2019 revenue of $2.7 billion, versus the consensus of $2.72 billion.

Adobe Systems sees FY2019 EPS of $7.80, versus the consensus of $7.77. Adobe Systems sees FY2019 revenue of $11.15 billion, versus the consensus of $11.16 billion.

For earnings history and earnings-related data on Adobe Systems (ADBE) click here.

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