Keep an eye on shares of Adobe Systems (ADBE) and Bob Evans Farms (BOBE) in Wednesday’s trading session. Both companies released their latest quarterly earnings results late Tuesday. Adobe Systems reported second quarter earnings of 48 cents per share on $1.16 billion in revenue. For the quarter, the company was expected to earn 45 cents per share on $1.162 billion in revenue, according to analysts polled by Thomson Reuters. In the same quarter of last year, Adobe earned 37 cents per share on revenue of $1.07 billion. The Photoshop maker posted an 8.8% rise year over year in revenue as more customers subscribed to its software suites. Also, Bob Evans Farms released its fourth quarter earnings results. The restaurant chain posted a profit of 56 cents per share on sales of $332.4 million for the period. Analysts were expecting the company to post earnings of 41 cents for the fourth quarter, down from the 48 cents it reported in the prior year, according to analysts surveyed by Thomson Reuters. Revenue was expected by Wall Street analysts to come in at $330.97 million, higher compared to the year ago sales of $326.37 million. TheStreet’s Kurumi Fukushima reports in New York.
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