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Bartosiak: Trading Adobe's (ADBE) Earnings With Options

ByZacks Investment Research
Published 06/15/2017, 05:55 AM
Updated 07/09/2023, 06:31 AM
ADBE
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On Tuesday, June 20th, Adobe (ADBE) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.

In our video David will take a look at the current state of Adobe, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.

Adobe in Focus

Adobe Systems Incorporated (NASDAQ:ADBE) is a provider of graphic design, publishing, and imaging software for Web and print production. It offers a market-leading line of application software products for creating, distributing, and managing information of all types. The company license its industry-standard technologies to major hardware manufacturers, software developers, and service providers, and offer integrated software solutions to businesses of all sizes.

Adobe is expected to report at $0.77 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.78, beating expectations by $0.06. Their average EPS surprise is -7.71%.

Adobe Systems Incorporated Price, Consensus and EPS Surprise

Adobe Systems Incorporated Price, Consensus and EPS Surprise | Adobe Systems Incorporated Quote

Bottom Line

How should investors play Adobe ahead of their earnings report? For insights on the best options trades, then tune in at 10:00 am on Friday, June 16th, to see David’s thoughts.

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Adobe Systems Incorporated (ADBE): Free Stock Analysis Report

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