Autodesk: Here’s What Investors Need to Know Before Earnings

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Autodesk (NASDAQ:ADSK) will report earnings after markets close on Thursday, August 22nd. 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 $0.42 per share on revenues of $560.78 million. Currently, the company’s P/E ratio stands at 37.19.

Analyst Trends:

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 $0.51 to a profit $0.5. For the current year, the average estimate is a profit of $1.95, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Autodesk has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
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 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013 Apr. 30, 2013
Revenue ($) in millions 568.70 548.00 606.90 570.40
Diluted EPS ($) 0.28 0.13 0.32 0.24

Past Performance:
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)

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