Autodesk Reports Third Quarter Financial Results
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Go back to Autodesk Reports Third Quarter Financial Results
November 23, 2015 8:03 AM EST
Wedbush reiterated a Neutral rating on Autodesk (NASDAQ: ADSK), and raised the price target to $55.00 (from $51.00), following the company's 3Q earnings report. ADSK outperformed on revenue and EPS, but subscription additions and billings were disappointing.
Analyst Steve Koenig commented, "Net... More
November 20, 2015 7:55 AM EST
Cowen reiterated an Outperform rating and $75.00 price target on Autodesk (NASDAQ: ADSK) following the company's 3Q earnings report. Revenue of $600m was above the Street's $591m. Cost controls were a positive surprise, driving EPS of $0.14 that was well above management's $0.05-$0.10 range.
Analyst Gregg... More
November 20, 2015 6:35 AM EST
RBC Capital downgraded Autodesk (NASDAQ: ADSK) from Outperform to Sector Perform with a price target of $65.00 (from $70.00).
For an analyst ratings summary and ratings history on Autodesk click here. For more ratings news on Autodesk click here.
Shares of Autodesk closed at $62.39 yesterday.
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November 19, 2015 4:05 PM EST
Autodesk (NASDAQ: ADSK) reported Q3 EPS of $0.14, $0.06 better than the analyst estimate of $0.08. Revenue for the quarter came in at $600 million versus the consensus estimate of $591.33 million.
Autodesk sees Q4 2015 EPS of $0.08-$0.12, versus the consensus of $0.10. Autodesk sees Q4 2015 revenue of $620-640 million, versus the consensus of $640.98 million.
Autodesk sees FY2015 EPS of $0.72-$0.76, versus the consensus of $0.67. Autodesk... More
