Autodesk Stock Falls as Wall Street Notes 'Complicated' Guidance
The provider of software for computer-assisted design posted fiscal third quarter earnings on Tuesday.
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The provider of software for computer-assisted design posted fiscal third quarter earnings on Tuesday.
Autodesk (NASDAQ:ADSK – Get Free Report) announced its quarterly earnings data on Tuesday. The software company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.99 by $0.08, Briefing.com reports. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. Autodesk had a return on equity […]
Magellan Asset Management Ltd lifted its position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 11.2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 854 shares of the software company’s stock after buying an additional 86 shares during the quarter. Magellan […]
Autodesk (NASDAQ:ADSK – Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $7.43-$7.49 for the period, compared to the consensus estimate of $7.46. The company issued revenue guidance of $5.08 billion-$5.17 billion, compared to the consensus revenue estimate of $5.43 billion. Autodesk also updated […]
Autodesk (NASDAQ:ADSK – Get Free Report) had its price objective dropped by stock analysts at Oppenheimer from $250.00 to $240.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the software company’s stock. Oppenheimer’s target price indicates a potential upside of 18.02% from […]