Autodesk Reports Second Quarter Financial Results

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Go back to Autodesk Reports Second Quarter Financial Results

Canaccord Genuity Cuts Price Target on Autodesk (ADSK) to $65 Following 2Q16 Results

August 28, 2015 9:11 AM EDT

Canaccord Genuity reiterated a Buy rating on Autodesk (NASDAQ: ADSK), and cut price target to $65.00 (from $70.00), following the company's 2Q16 earnings report. Revenues and EPS were in-line and at the high-end of respective guidance ranges and calculated billings showed an upside to estimates. Autodesk... More

Autodesk (ADSK) PT, Estimates Lowered at Wedbush Amid Weak Results, Outlook

August 28, 2015 7:07 AM EDT

Wedbush analyst Steve Koenig reiterated a Neutral rating and lowered estimates and his price target on Autodesk (NASDAQ: ADSK) to $51.00 (from $57.00) following Q2 miss and lowered guidance.

Koening commented, "ADSK reported 2Q16 revenue of $610M (-4% Y/Y and flat in constant... More

Autodesk (ADSK) Tops Q2 EPS by 2c; Issues Light Q3 Outlook

August 27, 2015 4:02 PM EDT

Autodesk (NASDAQ: ADSK) reported Q2 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $609.5 million versus the consensus estimate of $612.13 million.

Autodesk sees Q3 2016 EPS of $0.05 - $0.10, versus the consensus of $0.23. The company sees Q3 revenue of $580 - $600... More