Collaboration software company Atlassian (NASDAQ: TEAM) will be reporting results this Thursday after market hours. Here’s what you need to know.

Atlassian beat analysts’ revenue expectations by 2.1% last quarter, reporting revenues of $1.38 billion, up 22.3% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ EBITDA estimates but revenue guidance for next quarter slightly missing analysts’ expectations.

Is Atlassian a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Atlassian’s revenue to grow 18% year on year to $1.40 billion, slowing from the 21.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.84 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Atlassian has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 3% on average.

Looking at Atlassian’s peers in the productivity software segment, only Pegasystems has reported results so far. It beat analysts’ revenue estimates by 8.5%, delivering year-on-year sales growth of 17.3%. The stock traded up 15% on the results.

Investors in the productivity software segment have had fairly steady hands going into earnings, with share prices down 1.3% on average over the last month. Atlassian’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $246.24 (compared to the current share price of $163.90).

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