Adobe Stock Sinks as Fiscal 2022 Forecast Falls Short of Estimates

2 years ago 364

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/adobe-adbe-stock-earnings-guidance-51639662909


Updated Dec. 16, 2021 10:16 americium ET / Original Dec. 16, 2021 8:55 americium ET

  • Order Reprints
  • Print Article

Adobe banal tumbled Thursday aft the company’s fiscal 2022 outlook disappointed investors.

Adobe (ticker: ADBE) projected gross of astir $17.9 cardinal and adjusted nett of astir $13.70 a stock for fiscal 2022. Wall Street expects gross of $18.2 cardinal and net of $14.26.

The institution said it expects adjacent year’s first-quarter earnings...


Read Entire Article