Adobe Reports Record Revenue
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Adobe (ADBE) PT Raised to $288 at RBC Capital; Fundamentals Intact Despite Opex Disappointment
June 15, 2018 6:50 AM EDTRBC Capital raised its price target on Adobe (NASDAQ: ADBE) to $288.00 (from $268.00) while maintaining an Outperform rating following solid results.
Analyst Ross MacMillan said while opex for the quarter and the F3Q18 ARR guide may have disappointed some bulls, we think the... More
Adobe Systems (ADBE) Tops Q2 EPS by 12c, Offers Q3 Guidance
June 14, 2018 4:06 PM EDT(Updated - June 14, 2018 4:08 PM EDT)
Adobe Systems (NASDAQ: ADBE) reported Q2 EPS of $1.66, $0.12 better than the analyst estimate of $1.54. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.16 billion.
Adobe sees Q3 EPS of 1.68 vs $1.61 consensus and revenue of... More
