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Adobe Systems Incorporated Message Board

  • vinny_950 vinny_950 Jun 19, 2012 4:07 PM Flag

    perfect short

    big short

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    • Covered 31.19. Was short from 32.92.

      • 1 Reply to onedge953
      • Depends on what they say on the cc. I take a profit when it's there in this market.



        BRIEFING.COM
        Adobe Systems beats by $0.01, beats on revs; guides Q3 EPS in-line, revs below consensus; guides FY12 in-line
        Reports Q2 (May) earnings of $0.60 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.59; revenues rose 9.9% year/year to $1.12 bln vs the $1.11 bln consensus. Co issues mixed guidance for Q3, sees EPS of $0.56-0.61, excluding non-recurring items, vs. $0.61 Capital IQ Consensus Estimate; sees Q3 revs of $1.075-1.125 bln vs. $1.13 bln Capital IQ Consensus Estimate. Co issues in-line guidance for FY12, sees EPS of $2.40-2.46, excluding non-recurring items, from its prior targeted range of $2.38 to $2.48, vs. $2.44 Capital IQ Consensus Estimate. For fiscal year 2012, the company narrowed its annual revenue growth target to a range of six to seven percent, versus its prior target range of six to eight percent, and inline with consensus of +6.7%.

 
ADBE
76.89-1.43(-1.83%)Sep 4 4:00 PMEDT