Name: Adobe (ADBE) Stock Drops Despite Beating Earnings & Sales Estimates
Uploaded: 2023-12-13T22:00:39.201
Duration: 4 min 43 s

Join host Ben Lichtenstein as he examines the latest developments in the futures markets live. This show uses charts and technical analysis to break down commodities trading and explore trading trends. Guest contributors also make appearances, sharing their insights on futures trading as it relates to market events.

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Adobe’s (ADBE) 4Q earnings were just released. Its adjusted EPS came in at $4.27 versus an estimated $4.13 and its revenue came in at $5.05B versus an estimated $5.01B. ADBE’s FY24 adjusted EPS guidance is seen between $17.60-$18.00 and FY24 revenue is seen between $21.30B-$21.50B. Caroline Woods and Kevin Green join Oliver Renick to discuss why the stock is dropping. Tune in to find out more about the stock market today.

Adobe (ADBE) Stock Drops Despite Beating Earnings & Sales Estimates

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.