Autodesk (Nasdaq: ADSK ) is expected to report Q1 earnings around May 15. 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 wane -0.9% and EPS will shrink -4.3%.
The average estimate for revenue is $583.4 million. On the bottom line, the average EPS estimate is $0.45.
Last quarter, Autodesk reported revenue of $606.9 million. GAAP reported sales were 2.4% higher than the prior-year quarter's $592.4 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 $0.53. GAAP EPS of $0.32 for Q4 were 3.2% higher than the prior-year quarter's $0.31 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 89.8%, 50 basis points worse than the prior-year quarter. Operating margin was 15.1%, 40 basis points worse than the prior-year quarter. Net margin was 12.3%, 10 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.44 billion. The average EPS estimate is $2.11.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 786 members out of 843 rating the stock outperform, and 57 members rating it underperform. Among 249 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 243 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 outperform, with an average price target of $38.31.
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