Earnings Week Ahead: Adobe EPS Expectations Raised, Dollar General Overvalued

 | Mar 10, 2024 17:48

  • Adobe: Analysts slightly increased EPS estimates ahead of Q1/24. Our Fair Value models suggest a potential 5.7% increase in stock price.

  • Dollar General: The stock might be priced higher ahead of Q4/24. Fair value analysis indicates a 14.9% downside.

  • Dick's Sporting Goods: EPS estimates raised before Q4/24. However, Fair Value models indicate the stock is overvalued.

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  • Here is your Pro preview of the major upcoming major earnings reports next week: Adobe, Dollar General, Dick's Sporting Goods, and Asana.

    Adobe/h2

    Adobe Systems (NASDAQ:ADBE) is set to release its Q1/24 earnings on March 14, after the market close. The consensus among analysts predicts EPS of $4.38 and revenue expectations of $5.14 billion.

    A review of EPS Forecast Trends by OAPRO2 .

    Disclaimer: This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way. I would like to remind you that any type of asset, is evaluated from multiple points of view and is highly risky and therefore, any investment decision and the associated risk remains with the investor.

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