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Stock impact report

Here's Why Adobe Systems (ADBE) Fell More Than Broader Market [Yahoo! Finance]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a loss of 0.71% for the day. Meanwhile, the Dow experienced a drop of 0.93%, and the technology-dominated Nasdaq saw a decrease of 0.81%. The software maker's shares have seen an increase of 6.48% over the last month, surpassing the Computer and Technology sector's loss of 3.88% and the S&P 500's gain of 1.08%. Analysts and investors alike will be keeping a close eye on the performance of Adobe Systems in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $4.53, reflecting a 10.76% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.37 billion, showing a 9.72% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $18.16 per share and revenue of $21.45 billion, which would represent changes of +13.01% and +10.52%, respectively, from the prior year. Addit Show less Read more
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