It also surprised with strong fourth-quarter guidance that included 30% growth in its digital marketing unit and EPS guidance that was about 10% ahead of the consensus midpoint. While Adobe’s digital-media business [content production for publishing, broadcasting, and advertising] remains strong and accelerating, we are really positive on outperformance and acceleration in digital marketing. It is also worth noting that our updated forecast remains below the consensus: While we see room for upside to earnings (i.e., margins) over the long run, given the chief financial officer’s commentary on the call, we are not expecting any major changes.
- Capital Cube•2 days ago
Categories: Yahoo Finance Get free summary analysis Adobe Systems, Inc. reports financial results for the quarter ended August 31, 2016. We analyze the earnings along side the following peers of Adobe Systems, Inc. – Oracle Corporation, Autodesk, Inc., Intuit Inc., Red Hat, Inc., Symantec Corporation, salesforce.com, inc., Nuance Communications, Inc. and Monotype Imaging Holdings Inc. (ORCL-US, ADSK-US, INTU-US, ... Read more (Read more...)
- Market Realist•2 days ago
Adobe’s Digital Marketing segment grew ~7% in 3Q16 Previously in this series, we saw how consistently strong growth in the Digital Media segment helped Adobe Systems (ADBE) post better-than-expected fiscal…...
Adobe Systems Incorporated (ADBE)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||107.00 x 100|
|Ask||107.99 x 100|
|Day's Range||106.80 - 107.99|
|52wk Range||71.27 - 108.50|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||54.83|
|Avg Vol (3m)||2,236,823|
|Dividend & Yield||0.00 (0.00%)|