Adobe shares jump more than 5 percent on 2018 profit forecast

Adobe shares jump more than 5 percent on 2018 profit forecast

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/18/adobe-provides-2018-forecast-that-tops-estimates.html

Adobe shares climbed more than 5 percent in extended trading on Wednesday, after the company provided a 2018 profit forecast that topped analyst estimates.

Earnings this year will be $5.50 a share, well above the $5.21 average estimate from analysts polled by Thomson Reuters. The company provided the forecast at a financial analyst conference in Las Vegas.