ADBE Preview: Abandon All Hope? By Gary Dvorchak About this article: Adobe Systems preannounced an earnings miss on Dec. 4, sending its forward earnings estimates into backwardation and confirming the total elimination of any hope for growth in the coming year. Adobe Estimate Trend Aviance Capital Management The guidance was not bad for this quarter, so the call tomorrow after the close will really key in on early 2009, which sounds like a disaster. The Street is currently looking for earnings of 58 cents per share on $918 million of revenue; which is modestly below the 59 cents to 60 cents per share on $930 billion consensus before the preannouncement. First-quarter 2009 earnings may come in at 43 cents to 46 cents per share on $800 million to $850 million, however, which is well below the original Street estimate of 51 cents per share on... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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