Opening Buzz: Adobe Systems Incorporated, Restoration Hardware Holdings, XOMA Corp, Bed Bath & Beyondadmin
New York, December 13, 2013 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Adobe Systems Incorporated(NASDAQ:ADBE), Restoration Hardware Holdings Inc(NYSE:RH), XOMA Corp(NASDAQ:XOMA), Bed Bath & Beyond Inc.(NASDAQ:BBBY).
With its near-term results continuing to be pressured by the shift to Creative Cloud subscriptions from up-front Creative Suite licenses, Adobe Systems Incorporated(NASDAQ:ADBE) is guiding for FQ1 revenue of $950M-$1B and EPS of $0.22-$0.28, below a consensus of $1.02B and $0.34. Likewise, Adobe forecasts flat FY14 (ends Nov. ’14) revenue growth and EPS of $1.10, below a consensus for 7.8% growth and EPS of $1.60.On the other hand, with much of the revenue getting pushed out by the Creative Cloud shift set to be recognized in future years, Adobe expects to see a 20% revenue CAGR from FY14-FY16. The company is also targeting FY15 EPS of $2 and FY16 EPS of at least $3.402K paid Creative Cloud subs were added in FQ4, up from 331K in FQ3, 221K in FQ2, and 153K in FQ1. The total base is now at 1.439M. Creative annual recurring revenue (ARR) rose 41% Q/Q to $768M, and total digital media ARR rose 39% to $911M.
Free Urgent Insider Catalyst Report For ADBE Available Here: http://marketbuzzreport.com/index.php?code=ADBE (Or Copy and paste the URL into your browser)
Shares of Restoration Hardware Holdings Inc(NYSE:RH) are taking a 10.4% drubbing AH after the company’s Q3 report beat expectations and a raised Q4 outlook meets analyst expectations. However, co-CEO Carlos Alberini will step down at the end of Jan. to become CEO of Lucky Brand. The company will initiate a search for a replacement.Management raises Q4 guidance to revenue of $490M-$500M (vs. analyst consensus of $497.2M) and EPS of $0.82-$0.85 (vs. $0.85).Revenue grew 39% Y/Y to $395.8M, accelerating from a 22% increase in Q3 2012. Direct revenue grew 47% on top of a 24% increase in the same period last year.Comparable store sales rose 29% Y/Y, an identical clip to Q3 2012.
Free Urgent Insider Catalyst Report For RH Available Here: http://marketbuzzreport.com/index.php?code=RH (Or Copy and paste the URL into your browser)
XOMA Corp(NASDAQ:XOMA) shares drop 4.5% AH after the company announces it will sell common stock in a public offering pursuant to its shelf, which has a maximum proposed amount of $150M. At the upper bound, the follow-on would dilute existing shareholders by 28.4%.
Free Urgent Insider Catalyst Report For XOMA Available Here: http://marketbuzzreport.com/index.php?code=XOMA (Or Copy and paste the URL into your browser)
ISI Group takes its rating on Bed Bath & Beyond Inc.(NASDAQ:BBBY) up to Neutral from Cautious.The investment firm lifts its price target to $75.Retail sales have shown some strength in the home furnishings category as of late.
Free Urgent Insider Catalyst Report For BBBY Available Here: http://marketbuzzreport.com/index.php?code=BBBY (Or Copy and paste the URL into your browser)
USMarketBuzz.com is an investment community that Focuses on MicroCap Securities. USMarketBuzz.com is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. If you would like more information regarding our news coverage solutions, please visit http://www.USMarketBuzz.com/ for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.USMarketBuzz.com/.
Follow us on Facebook: https://www.facebook.com/usmarket.buzz.
Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126. (SMS alerts are free, however data rates may apply, check your wireless plan for details.)
Posted: December 13th, 2013 under ACCESSWIRE.