By Josh Beckerman

Adobe Systems Inc. expects fourth-quarter earnings and revenue within its previous guidance and issued 2017 projections slightly below Wall Street estimates.

The software company said it expects to meet its compound annual growth rate targets through 2018.

Adobe shares edged up 0.6% to $105.89 in after-hours trading Wednesday.

For 2017, Adobe expects earnings excluding items of $3.75 a share on revenue of $7 billion. Analysts polled by Thomson Reuters projected $3.86 a share in earnings and $7.1 billion in revenue.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

November 02, 2016 17:43 ET (21:43 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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