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June 16, 2022
SAN JOSE (dpa-AFX) - Software giant Adobe Systems Inc. (ADBE), Thursday reported a profit and revenues for the second quarter that trumped Wall Street estimates. However, the company's shares slipped
June 16, 2022
Adobe (NASDAQ:ADBE – Get Rating) issued an update on its third quarter 2022 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $3.33-$3.33 for the period, compared to the consensus estimate of $3.40. The company issued revenue guidance of $4.43 billion-$4.43 billion, compared to the consensus revenue estimate of $4.51 […]
June 16, 2022
Adobe (NASDAQ:ADBE – Get Rating) updated its FY 2022 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $13.50-$13.50 for the period, compared to the consensus estimate of $13.66. The company issued revenue guidance of $17.65 billion-$17.65 billion, compared to the consensus revenue estimate of $17.85 billion. Adobe also updated its […]
June 16, 2022
Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.
June 16, 2022
Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.
June 16, 2022
Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.
June 16, 2022
Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.
June 14, 2022
Adobe (NASDAQ:ADBE – Get Rating) had its price target cut by stock analysts at Royal Bank of Canada from $600.00 to $500.00 in a report issued on Tuesday, The Fly reports. Royal Bank of Canada’s target price would indicate a potential upside of 34.54% from the company’s current price. Other equities research analysts also recently […]
June 14, 2022
What is the outlook of the Adobe stock price? We explain whether the ADBE share price is a buy or sell ahead of the company’s earnings.
June 14, 2022
Adobe (NASDAQ:ADBE – Get Rating) had its target price dropped by equities research analysts at BMO Capital Markets from $535.00 to $450.00 in a research report issued to clients and investors on Tuesday, The Fly reports. BMO Capital Markets’ price objective indicates a potential upside of 21.08% from the company’s previous close. ADBE has been […]