Today we are watching…
1. Adobe (#adobe)
The Adobe suite of software products is enjoying steady demand as investors enjoy all-time stock highs. Adobe quickly adopted Cloud technology, and now its Digital Experience segment is expected to lead the tech firm into another earnings beat this quarter. Analysts are tipping Adobe to earn $1.78 of profit per share on $2.7 billion in revenue.
2. Jabil Circuit (#jabil)
Jabil happens to be one of the world’s biggest electronic-makers. A focus on staying lean, cost-cutting, and reinvesting earnings into the right projects for investors, have made it the pacesetter in a slowly growing contract manufacturing industry. Analysts are forecasting 57 cents of profit per share on just over 6 billion dollars of earnings.