Previous close | 56.21 |
Open | 56.21 |
Bid | 43.35 |
Ask | 49.40 |
Strike | 625.00 |
Expiry date | 2024-09-20 |
Day's range | 56.21 - 56.21 |
Contract range | N/A |
Volume | |
Open interest | 34 |
Creative software company Adobe (ADBE) will report its fiscal third quarter earnings results tomorrow, alongside Kroger (KR), RH (RH), and Signet Jewelers (SIG). August's Producer Price Index (PPI) is also expected out on Thursday, September 12. Other economic data to be released include the prior week's initial jobless claims and mortgage rate. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
Adobe beat Wall Street's targets for its fiscal third quarter, but its guidance for the current period missed estimates. ADBE stock fell.
The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.53 per share. The software maker posted revenue of $5.41 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $5.37 billion.