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Adobe Inc. (NASDAQ: ADBE) is scheduled to release its fiscal third-quarter financial results after the markets close on Tuesday. The consensus estimates are calling for $1.97 in earning per share (EPS) and $2.82 billion in revenue. The same period from last year reportedly had $1.73 in EPS and $2.29 billion in revenue.

The company previously released guidance calling for EPS of $1.95 and total revenues of $2.80 billion for this quarter.

During the fiscal second quarter, revenue for the digital media segment was $1.89 billion, which represented 22% year-over-year growth. Creative revenue grew to $1.59 billion, and the document cloud division achieved revenue of $296 million.

At the same time, the company’s digital media annualized recurring revenue (ARR) grew to $7.47 billion exiting the quarter, a quarter-over-quarter increase of $406 million. Creative ARR grew to $6.55 billion, and document cloud ARR rose to $921 million. Separately, revenue for the digital experience segment was $784 million, representing 34% year-over-year growth.

Overall, Adobe has outperformed the broad markets, with its stock up about 25% year to date. In the past 52 weeks, the stock is only up about 5%.

A few analysts weighed in on Adobe ahead of the results:

• RBC’s Buy rating comes with a $320 price target.
• Stephens has a Buy rating and a $327 price target.
• Merrill Lynch has a Buy rating with a $323 price target.
• Credit Suisse rates it as Outperform with a $325 price target.
• Barclays has an Overweight rating and a $330 target price.
• Wedbush has a Neutral rating with a $290 target price.

Shares of Adobe were trading at $283.30 on Tuesday, in a 52-week range of $204.95 to $313.11. The consensus price target is $312.92.