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Major U.S. indices closed lower on Thursday, with the Dow Jones Industrial Average falling 0.6% to 52,064.10.
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Adobe reported Q3 2026 earnings of $6.13 per share, beating consensus estimates of $6.08, with revenues of $6.76 billion exceeding expectations. However, the company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revision trends. Adobe shares have underperformed the S&P 500 by 38.8 percentage points year-to-date. The stock's near-term outlook remains uncertain pending management commentary.
Adobe (NASDAQ:ADBE) released third-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data and
Adobe just posted Q3 earnings, here's a detailed look inside the report.
ACV Auctions shares surged 43.78% after hours after Copart agreed to acquire the company for $10.50 per share in cash.
Copart reported quarterly earnings of $0.35 per share, missing the consensus estimate of $0.39 and falling short of year-ago earnings of $0.41. While revenues slightly exceeded expectations at $1.15 billion, the company has underperformed the S&P 500 by 18.2% year-to-date. The stock received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.
On Thursday, Copart (NASDAQ:CPRT) discussed fourth-quarter financial results during its earnings call. The full transcript is provided below. Benzinga APIs provide real-time access to earnings call transcripts and