Autodesk (ADSK) reports its fourth quarter earnings on Monday, February 25, 2013.
Analysts are expecting Autodesk to report earnings of 38 cents per share, up 5.6% from a year ago when it reported earnings of 36 cents per share.
The consensus estimate has gone up, from 37 cents, over the past three months. Analysts are expecting earnings of $1.40 per share for the fiscal year. Analysts look for revenue to decrease 1.1% year-over-year to $586.2 million for the quarter, after being $592.4 million a year ago. For the year, revenue is expected to come in at $2.29 billion.
Revenue dropped in the third quarter after increasing the quarter prior. Revenue dropped 0.1% to $548 million in the third quarter from the year earlier. In the second quarter, revenue rose 4.1%.
Most analysts think investors should stand pat on Autodesk, with nine of 16 analysts rating it hold. Analysts have become more cautious about the stock in the last three months.
Autodesk is a design software and services company One of Autodesk's main competitors in the software and programming industry is ANSYS (ANSS). Other competitors in the technology sector include: Parametric Technology (PMTC), Adobe Systems (ADBE), and Cimatron (CIMT).
Earnings estimates provided by Zacks.
Narrative Science, through its proprietary artificial intelligence platform, transforms data into stories and insights.
