Adobe Reports Record Quarterly and Annual Revenue

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Adobe (ADBE) PT Raised to $315 at Jefferies Following 4Q Report

December 14, 2018 7:27 AM EST

Jefferies analyst Brent Thill raised the price target on Adobe (NASDAQ: ADBE) to $315.00 while maintaining a Buy rating following the company's 4Q earnings report. Revenue of $2.465Bn beat estimates of $2.435Bn (guide $2.42Bn) and included $21M from Marketo. EPS ex-Marketo was $1.90 beating estimates of... More

Adobe Systems (ADBE) Tops Q4 EPS by 2c, Q1 and FY EPS Guidance Misses

December 13, 2018 4:06 PM EST

(Updated - December 13, 2018 4:30 PM EST)

(Updated - December 13, 2018 4:13 PM EST)

Adobe Systems (NASDAQ: ADBE) reported Q4 EPS of $1.90 vs analyst estimate of $1.88. Revenue for the quarter came in at $2.44 billion vs the consensus estimate of $2.43... More