Adobe Systems Q1 Earnings Poised To Accelerate

By | March 14, 2015

Scalper1 News

Adobe Systems (ADBE) hopes to kick off its fiscal year on a positive note Tuesday when it reports Q1 earnings after the market close. Analysts polled by Thomson Reuters expect the San Jose, Calif.-based company to earn 39 cents a share, excluding items, on sales of $1.085 billion. That would translate to year-over-year growth of 30% in earnings per share and 8% in sales. On a GAAP basis, Wall Street is targeting EPS of 20 cents a share. If results Scalper1 News

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