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Bartosiak: Trading Adobe's (ADBE) Earnings with Options

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On Tuesday, September 19th, Adobe (ADBE - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of B.

Dave will look at Adobe’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Adobe ahead of earnings.

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 earnings estimates at $1.00 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 8.51%. They reported earnings at $1.02per share, beating their estimate of $0.94. They have an average earnings surprise of 6.35% over the last 4 quarters.

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 11:00am CST today to see David’s thoughts.

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