Analyst Research

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Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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Adobe Systems Inc Issues FY 2013 Guidance; Raises FY 2013 EPS Guidance; Issues Q3 2013 Guidance In Line With Analysts' Estimates-Conference Call

Monday, 17 Jun 2013 05:00pm EDT 

Adobe Systems Inc announced that for fiscal 2013, it expects revenue to be $4.1 billion and it is increaseing GAAP earnings per share (EPS) of approximately $0.62 per share, and non-GAAP EPS of approximately $1.45. For the third quarter of 2013, it expects revenues to be between $975 million to $1.025 billion and GAAP earnings per share range of $0.10 to $0.16 per share, and non-GAAP earnings per share range of $0.29 to $0.35. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $1.01 billion and EPS of $0.34 for the third quarter of 2013; revenues of $4.1 billion and EPS of $1.44 for fiscal 2013.