Adobe Stock Slides Despite Earnings Beat - Barron's
1. Adobe's Q1 earnings beat expectations with $5.08 per share. 2. Revenue of $5.71 billion outperformed analyst forecasts. 3. Year-over-year earnings improved from $4.48 per share. 4. Shares declined 1.4% in after-hours trading post-results. 5. Analysts anticipated lower earnings and revenue of $4.97 per share.