廣告
香港股市 已收市
  • 恒指

    17,915.55
    -20.57 (-0.11%)
     
  • 國指

    6,368.10
    -5.38 (-0.08%)
     
  • 上證綜指

    3,030.25
    +14.36 (+0.48%)
     
  • 道指

    38,778.10
    +188.94 (+0.49%)
     
  • 標普 500

    5,473.23
    +41.63 (+0.77%)
     
  • 納指

    17,857.02
    +168.14 (+0.95%)
     
  • Vix指數

    12.69
    -0.06 (-0.47%)
     
  • 富時100

    8,179.86
    +37.71 (+0.46%)
     
  • 紐約期油

    80.39
    +0.06 (+0.07%)
     
  • 金價

    2,329.60
    +0.60 (+0.03%)
     
  • 美元

    7.8081
    -0.0020 (-0.03%)
     
  • 人民幣

    0.9288
    +0.0003 (+0.03%)
     
  • 日圓

    0.0491
    -0.0001 (-0.24%)
     
  • 歐元

    8.3691
    -0.0118 (-0.14%)
     
  • Bitcoin

    65,075.19
    -559.64 (-0.85%)
     
  • CMC Crypto 200

    1,355.14
    -34.26 (-2.47%)
     

Autodesk (ADSK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended April 2024, Autodesk (ADSK) reported revenue of $1.42 billion, up 11.7% over the same period last year. EPS came in at $1.87, compared to $1.55 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.4 billion, representing a surprise of +1.46%. The company delivered an EPS surprise of +5.06%, with the consensus EPS estimate being $1.78.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

廣告

Here is how Autodesk performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Billings: $1.11 billion versus $1.26 billion estimated by five analysts on average.

  • Net Revenue- Total subscription and maintenance revenue: $1.34 billion versus $1.33 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +11.1% change.

  • Net Revenue- Subscription: $1.33 billion versus $1.32 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.

  • Net Revenue- Other: $76 million versus the six-analyst average estimate of $66.66 million. The reported number represents a year-over-year change of +22.6%.

  • Net Revenue- Maintenance: $11 million versus the six-analyst average estimate of $12.47 million. The reported number represents a year-over-year change of -21.4%.

  • Net revenue by product family- M&E (Media and Entertainment): $71 million compared to the $72.63 million average estimate based on two analysts. The reported number represents a change of 0% year over year.

View all Key Company Metrics for Autodesk here>>>

Shares of Autodesk have returned +0.7% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Autodesk, Inc. (ADSK) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research