We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exploring Analyst Estimates for Autodesk (ADSK) Q4 Earnings, Beyond Revenue and EPS
Read MoreHide Full Article
Wall Street analysts expect Autodesk (ADSK - Free Report) to post quarterly earnings of $2.13 per share in its upcoming report, which indicates a year-over-year increase of 1.9%. Revenues are expected to be $1.63 billion, up 11% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Autodesk metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Net Revenue- Maintenance' to come in at $11.26 million. The estimate indicates a change of -19.6% from the prior-year quarter.
Analysts predict that the 'Net Revenue- Other' will reach $121.05 million. The estimate suggests a change of +4.4% year over year.
It is projected by analysts that the 'Net Revenue- Subscription' will reach $1.50 billion. The estimate indicates a year-over-year change of +12%.
The consensus among analysts is that 'Net Revenue- Total subscription and maintenance revenue' will reach $1.51 billion. The estimate points to a change of +11.7% from the year-ago quarter.
The consensus estimate for 'Net revenue by product family- M&E (Media and Entertainment)' stands at $87.70 million. The estimate points to a change of +13.9% from the year-ago quarter.
Analysts' assessment points toward 'Net revenue by product family- Other' reaching $29.04 million. The estimate points to a change of +7.5% from the year-ago quarter.
Analysts forecast 'Net revenue by product family- AEC (Architecture, Engineering and Construction)' to reach $795.40 million. The estimate indicates a year-over-year change of +14.3%.
The combined assessment of analysts suggests that 'Net revenue by product family- MFG (Manufacturing)' will likely reach $317.61 million. The estimate indicates a change of +8.8% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net revenue by product family- AutoCAD and AutoCAD LT' should arrive at $400.40 million. The estimate suggests a change of +6.2% year over year.
The average prediction of analysts places 'Billings' at $2.06 billion. Compared to the present estimate, the company reported $1.71 billion in the same quarter last year.
Shares of Autodesk have demonstrated returns of -5.3% over the past month compared to the Zacks S&P 500 composite's -0.5% change. With a Zacks Rank #4 (Sell), ADSK is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Exploring Analyst Estimates for Autodesk (ADSK) Q4 Earnings, Beyond Revenue and EPS
Wall Street analysts expect Autodesk (ADSK - Free Report) to post quarterly earnings of $2.13 per share in its upcoming report, which indicates a year-over-year increase of 1.9%. Revenues are expected to be $1.63 billion, up 11% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Autodesk metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Net Revenue- Maintenance' to come in at $11.26 million. The estimate indicates a change of -19.6% from the prior-year quarter.
Analysts predict that the 'Net Revenue- Other' will reach $121.05 million. The estimate suggests a change of +4.4% year over year.
It is projected by analysts that the 'Net Revenue- Subscription' will reach $1.50 billion. The estimate indicates a year-over-year change of +12%.
The consensus among analysts is that 'Net Revenue- Total subscription and maintenance revenue' will reach $1.51 billion. The estimate points to a change of +11.7% from the year-ago quarter.
The consensus estimate for 'Net revenue by product family- M&E (Media and Entertainment)' stands at $87.70 million. The estimate points to a change of +13.9% from the year-ago quarter.
Analysts' assessment points toward 'Net revenue by product family- Other' reaching $29.04 million. The estimate points to a change of +7.5% from the year-ago quarter.
Analysts forecast 'Net revenue by product family- AEC (Architecture, Engineering and Construction)' to reach $795.40 million. The estimate indicates a year-over-year change of +14.3%.
The combined assessment of analysts suggests that 'Net revenue by product family- MFG (Manufacturing)' will likely reach $317.61 million. The estimate indicates a change of +8.8% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net revenue by product family- AutoCAD and AutoCAD LT' should arrive at $400.40 million. The estimate suggests a change of +6.2% year over year.
The average prediction of analysts places 'Billings' at $2.06 billion. Compared to the present estimate, the company reported $1.71 billion in the same quarter last year.
View all Key Company Metrics for Autodesk here>>>
Shares of Autodesk have demonstrated returns of -5.3% over the past month compared to the Zacks S&P 500 composite's -0.5% change. With a Zacks Rank #4 (Sell), ADSK is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>