Adobe Systems (ADBE) Tops Q4 EPS by 6c; Announces Plans to Acquire Fotolia

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Go back to Adobe Systems (ADBE) Tops Q4 EPS by 6c; Announces Plans to Acquire Fotolia

Adobe (ADBE) Results 'Very Strong', BofA/Merrill Lynch Says; PT Raised to $90

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

Adobe Systems (ADBE) Guides Q1 EPS, Revs to Low Side; FY15 Below Views

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.

... More

Adobe Systems (ADBE) Flat Ahead of Q4 Report

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