Apex Trader Funding - News
Adobe Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Adobe Inc. (NASDAQ:ADBE) is set to release second-quarter financial results, after the closing bell on Thursday.
Analysts expect the San Jose, California-based company to report quarterly earnings at $4.39 per share, up from $3.91 per share in the year-ago period. Adobe is expected to post revenue of $5.29 billion, according to data from Benzinga Pro.
On March 14, Adobe reported better-than-expected results for its first quarter but issued weak revenue guidance for the current quarter.
Adobe shares fell 0.6% to close at $459.87 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, ...