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Provider: Wright Reports
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Adobe Systems Inc Issues Q1 2013 Guidance Below Analysts' Estimates; Issues FY 2013 EPS Guidance Below Analysts' Estimates-Conference Call

Thursday, 13 Dec 2012 05:00am EST 

Adobe Systems Inc announced that for the first quarter of fiscal 2013, it is targeting a revenue range of $950 million to $1 billion, GAAP earnings per share is expected to be in the range of $0.08 to $0.14 per share, and non-GAAP earnings-per-share range of $0.26 to $0.32. For fiscal 2013, it expect earnings per share to be approximately $0.62 on a GAAP basis, and $1.40 on a non-GAAP basis. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $1.07 billion and EPS of $0.56 for the first quarter of 2013; EPS of $1.50 for fiscal 2013. 

Company Quote

-0.34 -0.48%
11:21am EST