Autodesk, Inc., a leader in design software, is ready to present its quarterly earnings on November 26, 2024. Analysts predict a strong earnings performance with an estimated EPS of $2.12, marking a year-over-year increase of 1.9%. The anticipated revenue for the quarter stands at approximately $1.56 billion, reflecting a notable 10.5% increase from the previous year.

Despite the high price-to-earnings (P/E) ratio of 64.45, Autodesk remains a strong contender in the tech market, demonstrating impressive revenue generation capabilities. The enterprise value to sales ratio of 11.89 signifies its valuation relative to sales, showcasing market confidence in its growth trajectory.

Autodesk’s financial ratios indicate a balanced approach to its debt management, with a debt-to-equity ratio of 0.95, suggesting stability in its finances. However, investors should take note of the current ratio of 0.64, hinting at potential short-term liquidity challenges. As Autodesk prepares to release earnings, attention will be focused on its performance metrics and market response.