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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Adobe Inc | NASDAQ:ADBE | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 9.33 | 1.96% | 485.9023 | 486.20 | 489.98 | 487.49 | 477.565 | 482.39 | 2,833,206 | 01:00:00 |
From May 2019 to May 2024
By Allison Prang
Adobe Inc. (ADBE) is targeting fourth-quarter revenue and adjusted earnings to be less than analysts expect.
The company is guiding $1.68 a share in profit and $2.25 a share in earnings on an adjusted basis. Analysts polled by FactSet are expecting adjusted profit of $2.30 a share.
The company is targeting for $2.97 billion in revenue. Analysts are expecting $3.02 billion.
Adobe said it sees revenue from its digital media segment increasing 20% year-over-year and revenue from its digital experience segment rising 23%.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
September 17, 2019 16:45 ET (20:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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