Why Adobe Stock Crashed 12% After Earnings
Adobe (NASDAQ: ADBE) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 report last night. Heading into the report, analysts forecast Adobe would earn $4.
Adobe tanks 12% on Q4 earnings: 3 reasons to buy
Investors are punishing Adobe Inc (NASDAQ: ADBE) this morning after its management issued weaker-than-expected guidance for the full year – making them question how well the company is positioned amidst the rising competition in the AI space.
Adobe Q4 Earnings: Why This Stock Leaves Me Unsold
Despite strong AI tool adoption, Adobe faces slowing growth and stiff competition. Read more to see why I remain neutral on ADBE stock.
Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit
Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher
Adobe: Fiscal Q4 Earnings Snapshot
(ADBE) on Wednesday reported fiscal fourth-quarter net income of $1.68 billion. The San Jose, California-based company said it had profit of $3.79 per share. Earnings, adjusted for one-time gains and costs,
Adobe Q4 Earnings on the deck: Will recent AI efforts translate into growth?
Adobe (ADBE) is set to report its Q4 earnings on December 11th. Analysts expect EPS of $4.67, a 9.4% increase.
Analysts revisit Adobe stock price targets after Q4 earnings
Adobe has been of the tech market's biggest underperformers so far this year, falling around 13.2% over the past twelve months as it struggles to monetize its ambitions to infuse
Adobe Reports Strong Earnings but Stock Falls on Disappointing Outlook
Adobe stock was falling after the maker of Photoshop provided disappointing revenue guidance.Adobe said it expects first-quarter revenue to be between $5.63 billion and $5.68 billion, which was below the FactSet consensus of $5.
Adobe (ADBE) Q4 2024 Earnings Call Transcript
Operator Good day, and welcome to the Q4 and FY '24 Adobe earnings conference call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Steve Day, SVP, DX; CFO;
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Nasdaq eases off 20K record high, S&P slips after producer inflation comes in hot
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Dow Jones Today: Stocks Slip as Market Pulls Back From Record Highs; Trump Makes Historic Visit to NYSE
Stocks were lower in afternoon trading Thursday as the equities market gave back some of the previous session's big gains.