Autodesk Reports Solid Q1; Strong Subscriptions Growth
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Wedbush Loweres Price Target on Autodesk (ADSK) Following 'Disappointing' 2Q Guidance
May 20, 2015 8:06 AM EDTWedbush Reiterates an Outperform rating on Autodesk (NASDAQ: ADSK), and lowered the price target to $64.00 (from $69.00), after adjusting estimates to show lower revenue and EPS. Analyst Steve Koenig said that 2Q guidance was disappointing.
Koenig commented on ADSK, saying, "ADSK posted a... More
Autodesk (ADSK) Tops Q1 EPS by 2c; Guides FY16 Below Expectations
May 19, 2015 4:02 PM EDTAutodesk (NASDAQ: ADSK) reported Q1 EPS of $0.30, $0.02 better than the analyst estimate of $0.28. Revenue for the quarter came in at $647 million versus the consensus estimate of $636.56 million.
Autodesk sees Q2 2016 EPS of $0.14-$0.19, versus the consensus of $0.32. Autodesk sees Q2 2016 revenue of $600-620... More
