Benzinga | May 26, 2021 10:19AM EDT

Earnings Outlook For Autodesk

Autodesk (NASDAQ:ADSK) announces its next round of earnings this Thursday, May 27. Here is Benzinga's everything-that-matters guide for this Thursday's Q1 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts covering Autodesk modeled for quarterly EPS of $0.94 on revenue of $965.35 million. Autodesk earnings in the same period a year ago was $0.85 per share. Quarterly sales came in at $885.70 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Thursday, EPS would be up 10.59%. Revenue would be up 8.99% from the year-ago period. Here is how the company's EPS has stacked up against analyst estimates in the past: Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020EPS Estimate 1.07 0.96 0.90 0.81EPS Actual 1.18 1.04 0.98 0.85Revenue Estimate 1.01 B 942.24 M 899.25 M 879.24 MRevenue Actual 1.04 B 952.40 M 913.10 M 885.70 M

Stock Performance

Over the last 52-week period, shares are up 43.54%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Autodesk is scheduled to hold the call at 17:00:00 ET and can be accessed here.