Autodesk Sees Q2 2024 Adj. EPS $1.70-$1.74 Vs $1.77 Est
Portfolio Pulse from Benzinga Newsdesk
Autodesk has released its Q2 2024 adjusted earnings per share (EPS) guidance, projecting $1.70-$1.74, which is lower than the estimated $1.77.
May 25, 2023 | 8:04 pm
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Autodesk's Q2 2024 adjusted EPS guidance of $1.70-$1.74 is lower than the estimated $1.77, potentially impacting its stock price.
Autodesk's lower-than-expected Q2 2024 adjusted EPS guidance may disappoint investors and lead to a negative short-term impact on its stock price. The company's financial performance is a key factor in determining its stock price, and underperforming estimates can result in a decline in investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100