2024-03-11 17:13:13 ET
Summary
- Adobe is scheduled to report its first quarter earnings for 2024 later this week.
- The company is in a very good position to exceed analysts' expectations, and this should provide a short-term tailwind for the share price.
- I will put more emphasis on the company's gross margins and its ability to retain its pricing power going forward.
- A reinstatement of the dividend will be a major positive sign that management will be able to sustainably increase cash flow.
Adobe's (ADBE) upcoming earnings are in the spotlight this week as the company is gearing to be among the big beneficiaries of the generative AI trend....
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Adobe Earnings: 3 Key Areas To Focus On With The Release