While the top- and bottom-line numbers for Autodesk (ADSK) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Autodesk (ADSK) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $2.07 per share a year ago.
Autodesk beat Wall Street expectations for third-quarter revenue on Tuesday, benefiting from robust demand for its design software as clients boost spending in an easing economy.
ADSK's stretched valuation keeps investors on the sideline, while Maintenance revenues and intense competition are headwinds.
Get a deeper insight into the potential performance of Autodesk (ADSK) for the quarter ended October 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Autodesk (ADSK) reachead $305.20 at the closing of the latest trading day, reflecting a +1.04% change compared to its last close.
The latest trading day saw Autodesk (ADSK) settling at $313.14, representing a +1.1% change from its previous close.
Autodesk (ADSK) closed the most recent trading day at $305.51, moving +1.05% from the previous trading session.
In the most recent trading session, Autodesk (ADSK) closed at $286.04, indicating a +0.09% shift from the previous trading day.
Autodesk, Blackline, and The Trade Desk are attractive growth stocks now.
Autodesk's new AI-integrated product enhancement across segments is expected to increase efficiency. Creative portfolio tool development bodes well for investors.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.