Adobe Systems (ADBE) Tops Q4 EPS by 6c; Announces Plans to Acquire Fotolia
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December 12, 2014 7:24 AM EST
BofA/Merrill Lynch analyst Kash Rangan reiterated a Buy rating and boosted his price target on Adobe (NASDAQ: ADBE) to $90.00 (from $80.00) following a "very strong" Q4 and outlook.
Rangan notes new Creative Cloud (CC) subs for the quarter came in at 644K, well... More
December 11, 2014 4:22 PM EST
Adobe Systems (NASDAQ: ADBE) sees Q1 adjusted EPS of $0.34 - $0.40 and revenue of $1.05 - $1.10 billion, with estimates at EPS of $0.39 and revs of $1.10 billion.
The company sees FY15 revs of $4.85 billion, while estimates are at $4.93 billion. Adobe is also looking for EPS of $2.05, slightly lower than the consensus of $2.07.
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December 11, 2014 3:14 PM EST
Adobe Systems (Nasdaq: ADBE) is seeing some lackluster trading heading into the company's Q4 report, which is expected out after markets close Thursday.
The Street is looking for ADBE to post Q4 EPS of $0.30 with revenue of $1.06 billion, from EPS of $0.33 and... More
