FMP
Nov 24, 2022 2:03 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
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.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...