Important Earnings Announcements From Tuesday, June 19th

Wed, 06/20/2012 - 02:52 EDT - Seeking Alpha

By Robert Broens: Many corporations opened their books yesterday on June 19, and these included a couple of big names such as Adobe Systems, FedEx and Walgreen. The following is a brief review of the most important facts pertaining to their reports.Adobe Systems (ADBE) reported its third quarter results yesterday. Revenues rose more than 10% to $1.12 billion with diluted earnings per share coming in at $0.45. The results were driven by the launch of "Creative Cloud" and "Creative Suite 6" and a strong growth at the company's Digital Marketing Suite business. Shares fell 4% in after hours trading, as the company guided for a weak third quarter. Revenues for the third quarter are expected to come in between $1.075 billion-$1.125 billion and GAAP earnings per share between $0.38-$0.43, suggesting a quarter-on-quarter decline in revenues and earnings. This guidance came as a negative surprise to investors.Jabil Circuit (JBL), a provider ofComplete Story »

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Adobe Systems: Strong Creative Cloud Performance Should Improve Future Visibility
By Robert Broens: Shares of Adobe Systems Incorporated (ADBE) fell by 1% in after-hours trading on Wednesday. The software company, offering products for marketers, application developers and enterprises, reported its third quarter results after the close. Third Quarter Results
Adobe Posts Strong 2Q Results, But 3Q Outlook Is Light
By Valuentum: Software giant Adobe (ADBE), best known for hit products like Photoshop, reported its fiscal year 2012 second quarter results on Tuesday. Earnings came in at $0.60, a penny north of consensus, while the top-line grew to $1.12 billion, $10 million above consensus. For the quarter, the company's products segment grew 5% to $871 million, while subscriptions grew 45% to $159.5 million and service revenues grew 12% to $93 million.
Cisco - Solid First Quarter Earnings Release Beats On Lowered Expectations
By Robert Broens: Shares of Cisco (CSCO) rose more than 7% in after hours trading on Tuesday. The worldwide leader in networks and networking methods reported its first quarter results for its fiscal 2013. First Quarter Results
Whisper Number Impact: Earnings Preview For Adobe Systems And Jabil Circuit
By WhisperNumber: Expected technology sector earnings reports and the whisper number impact for Tuesday, June 19th:
Dell - Weak Outlook Implies Fast Erosion Of PC Business
By Robert Broens: Shares of Dell (DELL) fell up to 5% in after hours trading. The global information technology company cut its full year revenue and earnings outlook. Second Quarter Results
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Jabil Circuit: Shares Are Under Margin Pressure
By Robert Broens: Shares of Jabil Circuit Inc. (JBL) fell some 4% in after-hours trading on Tuesday. After the close, this provider of electronic manufacturing services and solutions reported its fourth quarter results for its fiscal 2012. Fourth Quarter Results
2 Important Earnings Announcements From Friday June 22: Darden, Carnival
By Robert Broens: Friday is typically not a busy day from the corporate news front as many companies decide to report their earnings in the beginning of the working week. On the 22nd of June only two large US corporations opened their books. Darden Restaurant and Carnival PLC published their quarterly results. The following is a brief review of the most important facts pertaining to their reports.
Green Mountain Coffee Roasters - Business Continues To Grow, Despite Patent Expiry
By Robert Broens: Shares of Green Mountain Coffee Roasters (GMCR) rose up to 25% in after hours trading. The specialty coffee and tea producer, known for its Keurig business, reported its fourth quarter results after the market close. Fourth Quarter Results
Adobe's Reports Weak Results But Q4 Outlook Reassures Investors
By Valuentum: Adobe (ADBE) reported weak third-quarter results Tuesday, but provided a range for its fiscal fourth-quarter results that topped consensus estimates, representing revenue growth of 10% and earnings growth of 20% at the high end of its guided range.

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Important Earnings Announcements From Tuesday, June 19th

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