Categories AlphaGraphs, Earnings, Technology

Earnings Preview: Adobe buckles up for Q1 2019 results

Iconic software giant Adobe Systems (ADBE) is scheduled to announce its first-quarter 2019 earnings on Thursday, March 14, after the closing bell.

The company itself expects adjusted earnings of $1.60 a share and unadjusted earnings of $1.14 per share, on revenues of $2.54 billion.

Adobe Systems fourth quarter 2018 Earnings Infographic

In the previously reported fourth quarter, Adobe saw its adjusted earnings jump 45% year-over-year, but it still fell short of estimates — sending the stock down shortly after the results announcement.

Despite a massive 23% climb in quarterly revenues, the market was not impressed.

Earlier in January, Adobe announced an organizational change following the resignation of Executive Vice President and General Manager of its Digital Experience business Brad Rencher. “Coming off of a record 2018 and the acquisitions of Magento and Marketo, Adobe CEO Shantanu Narayen will create a broad new organization that includes product, sales, marketing, services and support,” Adobe said in a statement.

(This article will be updated continually on the days approaching the earnings announcement.)

Earnings Calendar: Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Thermo Fisher Scientific (TMO) Q4 earnings drop despite higher revenues

Thermo Fisher Scientific Inc. (NYSE: TMO) announced fourth-quarter 2022 financial results, reporting a double-digit fall in adjusted earnings and an increase in revenues. Fourth-quarter revenues increased 7% annually to $11.5

Altria Group (MO) Q4 2022 Earnings: Key financials and quarterly highlights

Altria Group Inc. (NYSE: MO) reported fourth quarter 2022 earnings results today. Net revenues decreased 2.3% year-over-year to $6.1 billion. Net earnings attributable to Altria increased 65.6% to $2.6 billion

AMD Earnings: Advanced Micro Devices Q4 revenue up 16%, profit drops

Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported a decline in fourth-quarter earnings, despite an increase in revenues. Earnings, excluding special items, dropped to $0.69 per share in the

Add Comment
Viewing Highlight