PREVIEW: Adobe seen reporting increase in Q4 EPS, rev

Shares in Adobe ADBE.O were edging slightly lower on Wednesday ahead of its fiscal Q4 financial report due out after the market close

Wall Street sees the software company reporting adj EPS of $5.39 vs $4.81 in year-ago quarter on rev of $6.11 bln vs $5.61 bln year-ago, according to LSEG data

ADBE's EPS and rev have beaten consensus every time in the last 8 quarters

In September Adobe raised its fiscal 2025 revenue and profit forecasts on Thursday, signaling strong demand for its design software and increased monetization of artificial intelligence tools.

ADBE shares last traded at $343.79 vs median PT of $450, down from $460 month ago, according to LSEG, which shows 40 analyst ratings: 12 'strong buy,' 15 'buy,' 11 'hold' and 2 'sell'

YTD the stock is down more than 22% vs gain of almost 27% for S&P 500 technology sector .SPLRCT