Adobe Systems Q1 Earnings Expectations Are Cloud High
- 8 years ago
Digital media software firm Adobe Systems is expected to keep the good times rolling when it reports fiscal first-quarter earnings after the market close Thursday.
Analysts polled by Thomson Reuters predict that Adobe will post earnings per share of 61 cents excluding items on sales of $1.34 billion.
It would translate to year-over-year growth of 39% in EPS and 21% in sales.
Adobe has three cloud computing businesses: Creative Cloud, Marketing Cloud and Document Cloud.
Analysts polled by Thomson Reuters predict that Adobe will post earnings per share of 61 cents excluding items on sales of $1.34 billion.
It would translate to year-over-year growth of 39% in EPS and 21% in sales.
Adobe has three cloud computing businesses: Creative Cloud, Marketing Cloud and Document Cloud.