Autodesk, Inc. (NASDAQ:ADSK) is reporting third quarter financial results on Tuesday 24th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, ADSK is expected to report 3Q21 income of $ 0.96 per share from revenue of $ 942.24 million.
For the full year, analysts anticipate top line of $ 3747.35 million, while looking forward to income of $ 3.83 per share bottom line.
The Company Outlook
Earnings for 3Q21 are anticipated in a range of $ 0.91 ~ $ 0.97 per share, while revenues are expected in a range of $ 930.00 million ~ $ 945.00 million
Full Year 2021 topline are forecasted in a range of$ 3,715.00 million ~ $ 3,765.00 million, where as bottomline are predicted in a range of $ 3.72 ~ $ 3.90 per share
Click Here For More Historical Outlooks Of Autodesk, Inc.
Previous Quarter Performance
Autodesk, Inc. revealed income for the second quarter of $ 0.98 per share, from the revenue of $ 913.10 million. The quarterly earnings swell 50.77 percent compared with the same quarter last year. According to street consensus, ADSK was expected to report 2Q21 income of $ 0.90 per share from revenue of $ 899.25 million. The bottom line results beat street analysts by $ 0.08 or 8.89 percent, at the same time, top line results outshined analysts by $ 13.85 million or 1.54 percent.
Stock Performance
Shares of Autodesk, Inc. traded up $ 2.36 or 0.93 percent on Monday, reaching $ 257.25 with volume of 1.21 million shares. Autodesk, Inc. has traded high as $ 257.95 and has cracked $ 251.60 on the downward trend
According to the previous trading day, closing price of $ 257.25, representing a 103.29 % increase from the 52 week low of $ 125.38 and a 7.88 % decrease over the 52 week high of $ 276.68.
The company has a market capital of $ 56.41 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Autodesk, Inc. will be hosting a conference call at 5:00 PM eastern time on 24th November 2020, to discuss its 3Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.autodesk.com
Autodesk, Inc. operates as a design software and services company worldwide. The company offers AutoCAD, a professional design, drafting, detailing, and visualization software; AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD LT, a professional drafting and detailing software; BIM 360, a construction management cloud-based software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections software products for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment industries.
