FMP
Nov 24, 2022 2:03 AM - Davit Kirakosyan
Autodesk (NASDAQ:ADSK) shares fell more than 5% on Wednesday following the company’s Q3 earnings release. While both EPS of $1.70 and revenue of $1.28 billion were in-line with the Street estimates, the company's outlook was soft due to the macro and worsening FX headwinds.
While commentary and the majority of Q3 numbers suggest the business is holding up near plan in this environment (i.e. strong retention rates, usage rates solid, continued Autodesk Construction Cloud performance), management noted (1) changing dynamics at the low end with LT, (2) new business trends are starting to decelerate in Q3 and (3) the pace of customers signing multi-year upfront contracts is starting to wane given the macro backdrop.
The company expects Q4/23 EPS to be in the range of $1.77-$1.83, compared to the Street estimate of $1.83. Revenue is expected in the range of $1.303-1.318 billion, compared to the Street estimate of $1.33 billion.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...