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After-Hours Earnings Report for September 17, 2013 : ADBE, DCIN

Posted
9/17/2013 2:00:00 PM
By: NASDAQ.com News
Referenced Stocks:ADBE;DCIN

The following companies are expected to report earnings after hours on 09/17/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

Adobe Systems Incorporated ( ADBE ) is reporting for the quarter ending August 31, 2013. The computer software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.21. This value represents a 53.33% decrease compared to the same quarter last year. ADBE missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -6.38%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ADBE is 51.76 vs. an industry ratio of 31.90, implying that they will have a higher earnings growth than their competitors in the same industry.

Digital Cinema Destinations Corp. ( DCIN ) is reporting for the quarter ending June 30, 2013. The movie/tv production company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.12. This value represents a 47.83% increase compared to the same quarter last year. The last two quarters DCIN had negative earnings surprises; the latest report they missed by -78.57%. The days to cover, as reported in the 8/30/2013 short interest update, increased 141.88% from previous report on 8/15/2013. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DCIN is -8.93 vs. an industry ratio of 26.10.