ADBE earnings @ 4:05pm

Adobe Systems (ADBE) Q4 November 2022 earnings are today 12/15/22 at 4:05pm. ADBE reported Q3 August 2022 earnings of $3.33 per share on revenue of $4.4 billion. The consensus earnings estimate was $3.35 per share on revenue of $4.4 billion. Revenue grew 12.7% on a year-over-year basis. The company said it expects fourth quarter non-GAAP earnings of approximately $3.50 per share on revenue of approximately $4.52 billion. The current consensus earnings estimate is $3.50 per share on revenue of $4.53 billion for the quarter ending November 30, 2022. Here's ADBE levels on the 1-day chart:

Q4 November 2022 Consensus:
EPS: $3.50
Revenue: $4.53 B

SMA10 Triangular Trend Channel:
top = $375
R3 = $365
R2 = $355
R1 = $345
pivot = $335
S1 = $325
S2 = $315
S3 = $305
bottom = $295

SMA's
SMA50 = $318
SMA100 = $345
SMA150 = $361
SMA200 = $378

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*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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Comment:

ADBE Q4 earnings trade ideas

Do Nothing until the market opens tomorrow:
wait for earnings information to be publicly released

ADBE theta IV crush trade short iron condor:
buy 12/23 expiry $350 call
sell 12/23 expiry $335 call
sell 12/23 expiry $315 put
buy 12/23 expiry $300 put

ADBE delta gap trade naked strangle:
buy 12/23 expiry $345 call
buy 12/23 expiry $305 put

ADBE directional trade vertical debit spreads:
sell 12/23 expiry $350 call
buy 12/23 expiry $330 call
or
buy 12/23 expiry $320 put
sell 12/23 expiry $300 put

Comment:

ADBE earnings today 6/15/23 at 4:05pm
IGV holds 9.87% weight of ADBE
Q2 May 2023 earnings consensus:
EPS = 3.79
Revenue: = $4.78 B

Adobe Systems (ADBE) reported Q1 February 2023 earnings of 3.68 per share on revenue of 4.7 billion. The consensus earnings estimate was 3.68 per share on revenue of 4.6 billion. Revenue grew 9.2% on a year-over-year basis.

The company said it expects second quarter non-GAAP earnings of 3.75 to 3.80 per share on revenue of 4.75 billion to 4.78 billion. The company also said it now expects fiscal 2023 non-GAAP earnings of 15.30 to 15.60 per share for the year ending November 30, 2023

Comment:

Adobe Systems Beats
Adobe Systems (ADBE) reported 2nd Quarter May 2023 earnings of 3.91 per share. The consensus earnings estimate was 3.79 per share on revenue of 4.8 billion.

The company said it expects third-quarter non-GAAP earnings of 3.95 to 4.00 per share on revenue of 4.83 billion to 4.87 billion. The consensus earnings estimate is 3.88 per share on revenue of 4.87 billion for the August 31, 2023 quarter. The company also said it now expects fiscal 2023 non-GAAP earnings of 15.65 to 5.75 per share on revenue of 19.25 billion to 19.35 billion. The company's previous guidance was earnings of 15.30 to 15.60 per share, and the current consensus earnings estimate is 15.50 per share on revenue of 19.30 billion for the year ending November 30, 2023.