Adobe Systems Incorporated (NASDAQ:ADBE) Median Sales Estimate At $2253.344


The EPS projection of Adobe Systems Incorporated (NASDAQ:ADBE) for quarter ended 2016-11-30 is $0.65. Last week, the EPS forecast was $0.65 against target of $0.65, a month earlier. Two months ago, this estimate was $0.65 versus forecast of $0.65 three months earlier, implying a deviation of 0.03%.

Adobe Systems Incorporated (NASDAQ:ADBE) stated that 18 days ago, its stock price was positively revised 1 times while negative revisions were 0.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 0 , 1, 0, and 0, correspondingly.

EPS estimate downgrade for Adobe Systems Incorporated (NASDAQ:ADBE) in the preceding 30, 120, 60 and 90 days were 0, 0, 0, and 0, correspondingly.

Earnings Surprises

Adobe Systems Incorporated (NASDAQ:ADBE) EPS target for the quarter closed 2 was $0.65, based on 2 recommendations. As reported on 2016-06-21 the EPS was $0.55. The change was $0.02, implying a percentage deviation of 3.77%. The projections showed a standard deviation of 0.01.

Quarterly Sales Estimates

Adobe Systems Incorporated (NASDAQ:ADBE) yearly sales prediction for the fiscal 2018 stands at $2286.772 and the median estimate is at $2253.344. Almost 4 analysts issued sales target.

Highest sales target is $2415.5 while the lowest target is $2224.9 showing standard deviation of 86.864%.

As many as 4 analysts have sales targets revised upside while 4 reduced sales estimates, implying a deviation of 1.912%.

Last month, 4 revised sales number projection on upside while 4 lowered the sales projections, implying a deviation of 1.912%.

A quarter ago, 4 hiked sales target and 4 reduced sales forecast. Adobe Systems Incorporated (NASDAQ:ADBE) announced that the deviation in forecast was 1.912%.

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