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Earnings Watch For March 19 (ADBE, FMCN)

Adobe Systems Inc. (ADBE) is expected to report first-quarter results. The company is expected to report earnings of $0.57 per share versus $0.58 per share last year, on revenues of $1.05 billion. The stock closed Friday at $33.82. (The stock gained nearly 17% in Q1; MA(50)- $31.77; MA(100)- $29.86; 52-wk H/L $35.99/$22.67)

Advertising company Focus Media Holding Ltd. (FMCN) will post its results today. For the fourth quarter, the company is expected to earn $0.61 per share on revenues of $225.13 million. In the prior-year quarter, earnings and revenue were $0.41 per share and $159.70 million respectively. The shares closed Friday's trade at $27.44. (The stock up about 16% in Q4; MA(50)- $22.99; MA(100)- $22.49; 52-wk H/L $37.58/$8.79)

by RTT Staff Writer

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