On Thursday, December 14th, Adobe (ADBE - Free Report) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of C.
Dave will look at Adobe’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Adobe ahead of earnings.
Adobe in Focus
Adobe Systems Incorporated is one of the largest software companies in the world. They offer a line of products and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences across personal computers, devices and media. They market and license their products and services directly to enterprise customers through their sales force and to end users through app stores and their own website at www.adobe.com. They offer many of their products via a Software-as-a-Service model or a managed services model as well as through term subscription and pay-per-use models. They also distribute certain products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, software developers and original equipment manufacturers.
Adobe is expected to report earnings at $1.15 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 10.00%. They reported earnings at $1.10per share, beating their estimate of $1.00. They have an average earnings surprise of 7.80% over the last 4 quarters.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Thursday, December 14th, Adobe (ADBE - Free Report) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of C.
Dave will look at Adobe’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Adobe ahead of earnings.
Adobe in Focus
Adobe Systems Incorporated is one of the largest software companies in the world. They offer a line of products and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences across personal computers, devices and media. They market and license their products and services directly to enterprise customers through their sales force and to end users through app stores and their own website at www.adobe.com. They offer many of their products via a Software-as-a-Service model or a managed services model as well as through term subscription and pay-per-use models. They also distribute certain products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, software developers and original equipment manufacturers.
Adobe is expected to report earnings at $1.15 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 10.00%. They reported earnings at $1.10per share, beating their estimate of $1.00. They have an average earnings surprise of 7.80% over the last 4 quarters.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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