Top Wall Street Forecasters Revamp Adobe Expectations Ahead Of Q3 Earnings
Adobe reports Q3 earnings Sept. 10; analysts expect EPS of $6.09 and revenue of $6.70B. CEO transition and mixed analyst ratings weigh on shares.
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U.S. stock futures were mixed on Thursday, as the Dow Jones and S&P 500 indices advanced, while the Nasdaq 100 index fell.
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Adobe reports Q3 earnings Sept. 10; analysts expect EPS of $6.09 and revenue of $6.70B. CEO transition and mixed analyst ratings weigh on shares.
Markets fell as oil topped $100 and yields rose; CNN Fear & Greed held at 38.9. Investors await inflation data and earnings from Macy’s.
Macy's, Adobe and Oracle report earnings; Cooper cuts guidance after mixed results, while American Eagle cites a tariff refund and shares fall.
AeroVironment surged 5.8% premarket after beating Q1 revenue and EPS estimates; Synergy CHC led gainers, while Ribbon Acquisition fell.
Major U.S. indices closed lower on Wednesday, with the Dow Jones Industrial Average falling 0.77% to 52,380.66.
AeroVironment (NASDAQ:AVAV) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. Benzinga APIs provide real-time access to earnings call transcripts and