Autodesk Inc expected to post earnings of $1.74 a share - Earnings Preview

Reuters05-21

* Autodesk Inc is expected to show a rise in quarterly revenue when it reports results on May 23 (estimated) for the period ending April 30 2024

* The San Francisco California-based company is expected to report a 9.8% increase in revenue to $1.393 billion from $1.27 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.The company's guidance on February 29 2024, for the period ended April 30, was for revenue between $1.39 billion and $1.40 billion.

* ​LSEG's mean analyst estimate for Autodesk Inc is for earnings of $1.74 per share. The company's EPS guidance on February 29 2024, for the period ended April 30, was between $1.73 and $1.78

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Autodesk Inc is $295.50​, above​ its last closing price of $221.40. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 31 2024 1.95 1.95 2.09 Beat 7.2

Oct. 31 2024 1.99 1.99 2.07 Beat 3.8

Jul. 31 2023 1.73 1.73 1.91 Beat 10.7​

Jan. 1 0001 1.56 1.55 1.55 Met -0.2

​​Jan. 1.82 1.81 1.86 Beat 2.9

31 2023

Oct. 31 2022 1.71 1.70 1.70 Met -0.1​

Jul. 31 2022 1.59 1.57 1.65 Beat 4.9

Jan. 1 0001 1.33 1.34 1.43 Beat 6.6

This summary was machine generated May 21 at 11:21 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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