Adobe’s (ADBE) 4Q earnings were just released. Its adjusted EPS came in at $4.27 versus an estimated $4.13 and its revenue came in at $5.05B versus an estimated $5.01B. ADBE’s FY24 adjusted EPS guidance is seen between $17.60-$18.00 and FY24 revenue is seen between $21.30B-$21.50B. Caroline Woods and Kevin Green join Oliver Renick to discuss why the stock is dropping. Tune in to find out more about the stock market today.
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