Adobe Inc. (ADBE-US) is expected to report net income of $879.2 million, or $1.78 a share, on sales of $2.7 billion after the market closes on Tuesday, based on a FactSet survey of 28 analysts.

In the same period a year ago, the company posted earnings of $1.66 a share on sales of $2.2 billion. It reported net income of $583.1 million.

The stock has risen 2.5% since the company last reported earnings on Mar. 14.

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Quarterly estimates have risen less than 1 cent a share in the past month.

Adobe is currently trading at a price-to-forward-earnings ratio of 31.1, based on the 12-month estimates of 30 analysts surveyed by FactSet.

In the upcoming quarter, analysts are forecasting net income of $1 billion, or $2.05 a share, on sales of $2.8 billion.

Year to date, Adobe shares are up 22%. 

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