How to Play Adobe (ADBE) Stock Ahead of Its Q2 Earnings?

Adobe (ADBE) is scheduled to report its second-quarter fiscal 2024 results on Jun 13.For the second quarter of fiscal 2024, Adobe projects total revenues between $5.25 billion and $5.30 billion. The Zacks Consensus Estimate for revenues is pegged at $5.28 billion, suggesting growth of 9.7% from the year-ago quarter’s reported figure.The company expects non-GAAP earnings between $4.35 and $4.40 per share. The consensus mark for earnings is pegged at $4.39 per share, indicating a 12.3% rise from the year-ago ...