Autodesk (NASDAQ:ADSK) is set to report earnings this Thursday after a strong quarter. Last quarter, the company beat revenue expectations by 1.7%, with revenues totaling $1.63 billion, up 15.2% year on year. Analysts expect revenue to grow 14.5% year on year to $1.72 billion this quarter, with adjusted earnings forecasted at $2.45 per share. Peers like PTC and Cadence Design Systems have already reported strong results, with year-on-year revenue growth of 24.2% and 20.2% respectively. Despite a choppy market, Autodesk is down 6.9% over the last month, heading into earnings with an average analyst price target of $342.07.

Read more at Stockstory.org – Bloomberg: Autodesk (ADSK) Reports Q2 Results Tomorrow