Autodesk Earnings Preview
On Tuesday, August 25, Autodesk (NASDAQ: ADSK) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Autodesk EPS is expected to be around $0.9, according to sell-side analysts. Sales will likely be near $899.25 million. In the same quarter last year, Autodesk reported earnings per share of $0.65 on sales of $796.80 million. If the company were to report in-line earnings when it publishes results Tuesday, quarterly profit would be up 38.46%. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.81 | 0.80 | 0.73 | 0.61 |
| EPS Actual | 0.85 | 0.92 | 0.78 | 0.65 |
| Revenue Estimate | 879.24 M | 890.17 M | 826.56 M | 787.29 M |
| Revenue Actual | 885.70 M | 899.30 M | 842.70 M | 796.80 M |
Stock Performance
Over the last 52-week period, shares are up 68.4%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Autodesk is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/oc4aaxwf
Posted-In: Earnings
