Adobe Systems Inc. (NASDAQ: ADBE) is scheduled to report its fiscal fourth-quarter financial results after the markets close on Thursday. The consensus estimates call for $0.60 in earnings per share (EPS) on $1.31 billion in revenue. In the same period of last year, the software company posted EPS of $0.36 and $1.07 billion in revenue.

This high-profile old-school software company operates in three segments: Digital Media, Digital Marketing and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote and monetize their digital content.

The Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured and optimized. This segment provides analytics, social marketing, targeting, media optimization, digital experience management and cross-channel campaign management solutions, as well as video delivery and monetization to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers and chief revenue officers.

The Print and Publishing segment offers products and services, such as eLearning solutions, technical document publishing, Web application development and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses.

Back in October, Adobe shocked investors when it announced its fiscal 2016 financial targets as $2.70 in earnings per share (EPS) on $5.7 billion in revenue, which fell below the consensus estimates from Thomson Reuters at that time which called for $3.19 in EPS on $5.93 billion in revenue. However, since then the consensus estimates have been adjusted to $2.79 in EPS on $5.75 billion in revenue.

Separately, management described its fiscal 2015 through fiscal 2018 compound annual growth rate (CAGR) and annualized recurring revenue (ARR) targets as follows:

• Total Adobe revenue will have approximately 20% CAGR.
• Digital Media segment revenue will have greater than 20% CAGR.
• Digital Media ARR will have greater than 20% CAGR.
• Adobe Marketing Cloud revenue will have greater than 20% CAGR.
• Adobe Marketing Cloud bookings will have approximately 30% CAGR.
• Non-GAAP EPS will have approximately 30% CAGR.
• Operating cash flow will have approximately 25% CAGR.

Shares of Adobe were trading down more than 2% at $89.60 Wednesday, with a consensus analyst price target of $93.87 and a 52-week trading range of $68.98 to $92.88.

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