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Autodesk tops Q1 estimates as construction, manufacturing and AI-driven workflow demand fuel double-digit revenue growth.
Shares of Autodesk ADSK fell sharply on Friday despite the company reporting stronger-than-expected quarterly earnings, as investors reacted cautiously to its planned $3.6 billion acquisition of maintenance software company MaintainX. Autodesk stock dropped about 4% in trading to around $230 after the company announced the all-cash acquisition, its largest deal to date.
Autodesk, Inc. (ADSK) Q1 2027 Earnings Call Transcript
Autodesk NASDAQ: ADSK reported first-quarter fiscal 2027 results above the high end of its guidance ranges and raised portions of its full-year outlook, while announcing a definitive agreement to acquire MaintainX, a maintenance and asset operations software company.
While the top- and bottom-line numbers for Autodesk (ADSK) give a sense of how the business performed in the quarter ended April 2026, 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 $2.99 per share, beating the Zacks Consensus Estimate of $2.84 per share. This compares to earnings of $2.29 per share a year ago.
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Autodesk Inc (NASDAQ:ADSK) is expected to report fiscal first-quarter earnings with a modest revenue beat and a likely reaffirmation of full-year guidance, according to Jefferies, in what the firm sees as a generally steady update for the software company. Jefferies expects Autodesk to deliver roughly a 1.5% revenue beat versus consensus, driven by continued execution across its core design and construction software businesses.