Top Wall Street Forecasters Revamp Adobe Price Expectations Ahead Of Q1 Earnings
1. Adobe to report Q1 earnings on March 12, expecting $4.97 per share. 2. Anticipated revenue is $5.66 billion, up from $5.18 billion year-over-year. 3. Adobe's Q4 revenue of $5.61 billion exceeded estimates of $5.54 billion. 4. Recent analyst ratings show mixed outlooks with several price target reductions. 5. Adobe shares fell slightly to $433.66 before earnings announcement.