Autodesk (Nasdaq: ADSK ) is expected to report Q4 earnings around Feb. 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Autodesk's revenues will shrink -1.1% and EPS will expand 6.5%.
The average estimate for revenue is $586.1 million. On the bottom line, the average EPS estimate is $0.49.
Last quarter, Autodesk logged revenue of $548.0 million. GAAP reported sales were 0.1% lower than the prior-year quarter's $548.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.47. GAAP EPS of $0.13 for Q3 were 59% lower than the prior-year quarter's $0.32 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 89.4%, 30 basis points better than the prior-year quarter. Operating margin was 13.0%, 340 basis points worse than the prior-year quarter. Net margin was 5.4%, 790 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.29 billion. The average EPS estimate is $1.91.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 778 members out of 837 rating the stock outperform, and 59 members rating it underperform. Among 269 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 263 give Autodesk a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Autodesk is hold, with an average price target of $34.70.
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