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Design software developer Adobe is slated to report earnings after the bell Thursday, and investors are expecting a relatively modest share movement to follow.
What happened. Shares of Adobe (ADBE-5.31%) were down almost 17% as of 2:06 p.m. ET on Thursday after the software provider announced revenue results for the fiscal third quarter that came in shy ...
Adobe expects its fiscal 2025 adjusted earnings to be in the range of $20.20 and $20.50 per share, which is below the street estimates of $20.52 per share. What Does This Mean For ADBE Stock?
The stock images, videos, and music providers – Getty Images and Shutterstock - have agreed to merge to create a $3.7 billion company. Getty shareholders will own 55% of the combined entity, and ...
The stock may have a similarly sunny outlook. Of course, there’s no editing the shares’ performance. The stock has underperformed this year, falling some 10%.
Adobe is set to report earnings for the fourth quarter of fiscal 2024 after the bell Wednesday, with analysts expecting higher revenue and profits as Adobe closes its fiscal year.
Adobe stock is valued at 14 times sales right now, up from about 10 times sales in early 2023. Microsoft , for context, is valued at 12 times sales and is more profitable right now.
Adobe (ADBE) shares stumble after the company's weak second quarter outlook overshadowed its first quarter earnings beat. RBC Capital Markets director of equity research Matthew Swanson examines ...
Adobe did promise to provide more info about the overall size of the pool once it has more details to share. Topics Adobe , Adobe Firefly , Adobe Stock , AI , photographers ...