For its fiscal fourth quarter, the Photoshop publisher’s profit totaled $1.68 billion, up from $1.48 billion a year earlier.
Adjusted earnings were $4.81 a share, beating the $4.67 that analysts polled by FactSet were expecting.
Revenue rose 11% to $5.61 billion, also topping consensus forecasts.
For the current quarter, Adobe expects adjusted earnings of $4.95 to $5 a share, in line or slightly ahead of consensus.
The company guided for revenue of up to $5.68 billion, slightly lower than analysts had expected.
For this full financial year, Adobe anticipates revenue of at most $23.55 billion, while analysts had expected $23.78 billion.
Full-year adjusted earnings guidance, at $20.20 to $20.50 a share, also undershot consensus forecasts.
You can download entire valuation portfolio, including Adobe, here https://www.growthvaluation.com/download-category/evaluations/