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Adobe Systems (ADBE)Stock (Computer Software Industry, Internet Industry)
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Raising estimatesRaising estimates. Goldman Sachs has increased the revenue estimates across the board as the CS3 product cycle, one which we believe is the strongest in the company’s history, begins to hit its stride. F4Q - Goldman Sachs increased the revenue estimate to $885 million from $837 million (guidance: $860 million to $890 million; prior consensus: $843 million), pro forma EPS estimates (including ESOs) to $0.44 from $0.38, and pro forma EPS estimates (ex-ESOs) to $0.48 from $0.44 (guidance: $0.46-$0.48; prior consensus: $0.44). F2007 - Goldman Sachs also increased the full year revenue estimates to $3,132 million from $3,025 million (prior consensus: $3,027 million), pro forma EPS estimates (including ESOs) to $1.45 from $1.38, and pro forma EPS estimates (ex-ESOs) to $1.60 from $1.51 (guidance: $0.46-$0.48; prior consensus: $0.44). |
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