15 09, 2023

Adobe Drops Despite Earnings Beat as the Clock is Ticking for AI Return: Should Investors be Worried?

By |2023-09-15T18:10:02+00:00September 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shares of Adobe (ADBE) are down nearly 5% in Friday’s trading session after the cloud software firm reported third-quarter earnings. Despite beating the analyst consensus, the substantial investments in AI have yet to pay off. And, the outlook for the final quarter left much to be desired. Revenue for the quarter came in at [...]

16 12, 2022

Adobe Stock Beats EPS Consensus & Jumps 6% – Here are 3 Reasons We Like This Stock

By |2023-08-02T19:14:58+00:00December 16th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Adobe Systems (ADBE) was moving early during Friday morning’s pre-market trading, and that manifested itself in an almost 6% gain when trading opened. This was the result of the company coming ahead of Wall Street expectations during the 4th quarter. The company reported adjusted earnings per share of $3.60, which beat the $3.50 [...]

15 09, 2022

Why Adobe Stock Dropped Despite Impressive Quarterly Earnings & Acquisition News

By |2023-08-02T19:17:16+00:00September 15th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Adobe is expected to release its earnings report on Thursday - but the expectations are already in. Analysts are expecting the company to beat their predictions on revenue for the fiscal third quarter. In the quarter that ended September 2nd, the estimation is that Adobe pulled in sales of $4.43 billion and an adjusted [...]

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