Earnings Edge

Earnings Edge

Recaps

Why We Sell? Recapping Adobe's Actuals vs. Consensus

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Consensus Media
Jun 11, 2026
∙ Paid

Sure, the CFO is leaving too, but the numbers themselves look fine? We’ve swung from ~$230 down to ~$203 in quick succession. What are folks seeing in the prepared qualitative language that has everyone selling?

Here’s the breakdown of results vs. expectations for the quarter and forward guidance:

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