Adobe (adbe) opinions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Adobe (adbe) opinions

ADBE 347.79

-1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffrey D who wrote (1716)	9/21/1997 8:46:00 AM
From: Barry Dryer	of 3111

Jeffrey, >>However, 1996 4th quarter earnings were .92. What if ADBE matched that number this year? << From Adobe's press release at the time, last year's 4th quarter earnings "included earnings per share of $0.43 from various non-recurring items principally related to venture investments. Normalized earnings per share were $0.49." Similarly, while they reported $.72 for the quarter just ended, the normalized EPS was $.55. Normalized EPS for the 1st and 2nd quarters was reported at $.61 and $.57 respectively, not much difference from the non-normalized results. While I agree with your conclusion that Adobe represents excellent value at today's price level, I think we need to keep our focus on these normalized results that Adobe takes such great pains to provide. IMO, the key going forward is to generate sustained revenue growth. EPS growth will follow as surely as the day follows the night.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next