Autodesk, Inc. (ADSK - Get Report) is expected to report quarterly earnings of 45 cents a share on sales of $740.5 million after the market closes on Thursday, based on a FactSet survey of 22 analysts.
In the same period a year ago, the company posted earnings of 6 cents a share on sales of $559.9 million. The stock has risen 6.9% since the company last reported earnings on Feb. 28.
Quarterly estimates have fallen less than 1 cent a share in the past month. Autodesk is currently trading at a price-to-forward-earnings ratio of 49.7 based on the 12-month estimates of 24 analysts surveyed by FactSet.
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