Autodesk shares climbed 2.86% to close at $209.00, outpacing a 0.25% decline in the S&P 500. The design software company is expected to report quarterly EPS of $3.07, up 14.98% from the prior-year quarter, on revenue of $2.13 billion, a 14.92% increase. For the full year, the Zacks Consensus Estimates project earnings of $12.64 per share and revenue of $8.32 billion, representing changes of +21.19% and +15.48%, respectively, from the prior year. Autodesk currently carries a Zacks Rank of #3 (Hold), and its consensus EPS projection has moved 0.04% higher over the past 30 days. The stock trades at a Forward P/E ratio of 16.08, a discount to its industry average of 18.78, and a PEG ratio of 1.03.
Autodesk IncAnalysts expect Autodesk's quarterly EPS to rise ~15% and revenue ~15% year-over-year, with consensus estimates moving higher.
