Autodesk: Here’s What Investors Need to Know Before Earnings
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.
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 $1.95, which is worse than the estimate ninety days ago.
Here’s how Autodesk has been performing on an annual basis:
|Revenue ($) in millions||2,315||1,714||1,952||2,216||2,312|
|Diluted EPS ($)||0.80||0.25||0.90||1.22||1.07|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013||Apr. 30, 2013|
|Revenue ($) in millions||568.70||548.00||606.90||570.40|
|Diluted EPS ($)||0.28||0.13||0.32||0.24|
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)