Adobe Systems (ADBE) Guides Q4, FY16 EPS Above Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
UBS Raises Price Target on Adobe Systems (ADBE) Following Solid 3Q
September 21, 2016 9:04 AM EDTUBS 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) 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
