NEW YORK (TheStreet) -- Adobe Systems (ADBE) is one of the notable earnings to watch at the end of trading Thursday, as the software maker releases its fourth quarter and fiscal year financial results after the market closes.
Adobe Systems is expected to report fourth quarter earnings of 30 cents per share, slightly below the 32 cents per share it posted a year ago, according to analysts.
Analysts' estimates call for revenue of $1.06 billion for the period, higher than the $1.04 billion the company reported in the same quarter of last year.
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For the full year 2014, analysts are expecting earnings of $1.24 per share, lower than the $1.26 per share in 2013. Analysts estimate revenue of $4.14 billion for the full year, higher than the $4.06 billion in sales Adobe Systems reported last year.
Wall Street analysts are expecting another strong quarter of subscriber additions with an estimated 512,000 subscribers added, which would slightly exceed 1 million additions in the back end of 2015.
Shares of Adobe Systems are up 1.62% to $70.98 this morning.
Separately, TheStreet Ratings team rates ADOBE SYSTEMS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate ADOBE SYSTEMS INC (ADBE) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share."