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Earnings Watch For March 19 (ADBE, FMCN)

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Adobe Systems Inc. (ADBE: Quote) 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: Quote) 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)

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Beverages giant Coca-Cola Co. reported Tuesday a profit for the third quarter that decreased 14 percent from last year, despite higher worldwide volumes, reflecting a revenue drop. Adjusted earnings per share matched analysts' expectations, even as quarterly revenues missed their estimates. Following the announcement, the company's shares are trading more than five percent lower in early deals. Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Programmable chipmaker Xilinx Inc. (XLNX) said Thursday after the markets closed that its second quarter profit rose 21% from last year, helped by higher revenue and better cost control. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue....
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