Adobe Reports After The Close On 6/16 — Options Contracts Expire The Next Day
According to NextEarningsDate.com, the Adobe ADBE , ADBE next earnings date is projected to be 6/16 after the close, with earnings estimates of $3.31/share on $4.34 Billion of revenue. Looking back, the recent Adobe earnings history looks like this:
The company has an impressive long-term earnings per share chart:
And with equally impressive revenue growth:
But earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest the fundamental details. And that volatility can be a stock options trader’s dream come true — so such traders will be interested to know that Adobe has options available that expire June 17th.
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Visit StockOptionsChannel.com to investigate the ADBE options chain on either the puts side or the call side, for further ideas.