UBS Raises Price Target on Adobe Systems (ADBE) Following Solid 3Q
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Adobe Systems (ADBE): Raising PT After A Beat And Raise Quarter - Cowen
September 21, 2016 6:29 AM EDTCowen analyst, Derrick Wood, reiterated his Outperform rating on shares of Adobe (NASDAQ: ADBE) after reporting a modest beat & raise. The health in digital transformation projects drove upside to Digital Marketing revenue, while Digital Media ARR was in-line with the particular strength... More
Adobe (ADBE) volatility flat, shares near record high in premarket on Q3 and raised outlook
September 21, 2016 6:25 AM EDTAdobe Systems (NASDAQ: ADBE) is recently up $4.38 to $105 in the premarket on Q3 results and FY16 outlook. October call option implied volatility is at 27, November is at 26; compared to its 52-week range of 17 to 50.
... MoreAdobe revenue beats estimates as cloud push gains pace
September 20, 2016 6:54 PM EDT(Reuters) - Adobe Systems Inc (NASDAQ: ADBE) reported a better-than-expected 20 percent jump in quarterly revenue as its Creative Cloud package of software tools attracted more users.
The company's shares were up 5.1 percent at $105.80 in after-market trading on Tuesday. If current gains hold, the stock is on pace to open at a record high.
Adobe generally conservative with its forecast said it expects fourth-quarter revenue of $1.55 billion-$1.60 billion. Analysts on average were expecting $1.57 billion, according to Thomson... More
Adobe Systems (ADBE) Guides Q4, FY16 EPS Above Views
September 20, 2016 4:12 PM EDTAdobe 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.
... MoreAdobe Systems (ADBE) Tops Q3 EPS by 3c
September 20, 2016 4:06 PM EDTAdobe Systems (NASDAQ: ADBE) reported Q3 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.45 billion.
Executive Quotes
We drove strong revenue and earnings performance in Q3, further distancing ourselves from our... More
Trading Radar for 9/20: Adobe (ADBE), Lennar (LEN), 8point3 Energy (CAFD), KB Home (KBH) Report
September 19, 2016 2:14 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Lennar Corp. (NYSE:... More
Adobe (ADBE) volatility flat into Q3 and outlook
September 19, 2016 11:18 AM EDTAdobe Systems (NASDAQ: ADBE) October call option implied volatility is at 27, November is at 26; compared to its 52-week range of 17 to 50 into the expected release of Q3 results on September 20.
... More