Adobe Systems (ADBE) Tops Q3 EPS by 3c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/8/2026

1. LEVI
2. SBUX
3. NVDA
4. SPCX
5. SPY
6. GOOGL
7. APLD
8. USO
9. STZ
10. AAPL

Go back to Adobe Systems (ADBE) Tops Q3 EPS by 3c

UBS Raises Price Target on Adobe Systems (ADBE) Following Solid 3Q

September 21, 2016 9:04 AM EDT

UBS reiterated a Buy rating on Adobe Systems (NASDAQ: ADBE), and raised the price target to $130.00 (from $122.00), following the company's 3Q earnings report.ADBE reported revenue of $1464M, ahead of $1,445M estimates. EPS of $0.75 came in 0.03 ahead of estimates.

Analyst Brent Thill commented, "We believe strong results across all Clouds + oper.... More

Adobe Systems (ADBE) Guides Q4, FY16 EPS Above Views

September 20, 2016 4:12 PM EDT

Adobe Systems (NASDAQ: ADBE) sees Q4 adjusted EPS of $0.83 - $0.89 and revenue of $1.55 - $1.6 billion, with estimates calling for EPS of $0.78 and revenue of $1.58 billion.

The company sees $5.8 - $5.85 billion, with estimates at $5.81 billion. Adobe also sees FY16 adjusted EPS of $2.94 - $3.00, versus the consensus at $2.87.

... More