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Bartosiak: Trading Adobe's (ADBE) Earnings with Options
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On Tuesday, June 20th, Adobe (ADBE - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.
In our video David will take a look at the current state of Adobe, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Adobe in Focus
Adobe Systems Incorporated is a provider of graphic design, publishing, and imaging software for Web and print production. It offers a market-leading line of application software products for creating, distributing, and managing information of all types. The company license its industry-standard technologies to major hardware manufacturers, software developers, and service providers, and offer integrated software solutions to businesses of all sizes.
Adobe is expected to report at $0.77 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.78, beating expectations by $0.06. Their average EPS surprise is -7.71%.
Adobe Systems Incorporated Price, Consensus and EPS Surprise
How should investors play Adobe ahead of their earnings report? For insights on the best options trades, then tune in at 10:00 am on Friday, June 16th, to see David’s thoughts.
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By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>
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Bartosiak: Trading Adobe's (ADBE) Earnings with Options
On Tuesday, June 20th, Adobe (ADBE - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.
In our video David will take a look at the current state of Adobe, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Adobe in Focus
Adobe Systems Incorporated is a provider of graphic design, publishing, and imaging software for Web and print production. It offers a market-leading line of application software products for creating, distributing, and managing information of all types. The company license its industry-standard technologies to major hardware manufacturers, software developers, and service providers, and offer integrated software solutions to businesses of all sizes.
Adobe is expected to report at $0.77 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.78, beating expectations by $0.06. Their average EPS surprise is -7.71%.
Adobe Systems Incorporated Price, Consensus and EPS Surprise
Adobe Systems Incorporated Price, Consensus and EPS Surprise | Adobe Systems Incorporated Quote
Bottom Line
How should investors play Adobe ahead of their earnings report? For insights on the best options trades, then tune in at 10:00 am on Friday, June 16th, to see David’s thoughts.
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold...
By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>