Autodesk: Here’s What Investors Need to Know Before Earnings
Autodesk (NASDAQ:ADSK) will report earnings after markets close on Thursday, May 16th. Autodesk, Inc. supplies PC software and multimedia tools. The Company’s two-dimensional and three-dimensional products are used across industries and in the home for architectural design, mechanical design, geographic information systems and mapping, and visualization applications. Autodesk’s software products are sold worldwide through a network of dealers and distributors.
Here is your Cheat Sheet to Autodesk Earnings:
Earnings Expectations: Analysts expect earnings of $0.45 per share on revenues of $583.82 million. Currently, the company’s P/E ratio stands at 37.15.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.53 to a profit $0.51. For the current year, the average estimate is a profit of $2.12, which is the same as the estimate ninety days ago.
Here’s how Autodesk has been performing on an annual basis:
|Revenue ($) in millions||2,315||1,714||1,952||2,216||2,312|
|Diluted EPS ($)||0.80||0.25||0.90||1.22||1.07|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||592.40||588.60||568.70||548.00||606.90|
|Diluted EPS ($)||0.3102||0.34||0.28||0.13||0.3203|
Autodesk has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)