Autodesk Sees FY24 Adj. EPS $7.43-$7.49 vs $7.46 Est., Revenue $5.45B-$5.465B vs $5.43B Est.
Portfolio Pulse from Benzinga Newsdesk
Autodesk provided its FY24 adjusted earnings per share (EPS) guidance to be between $7.43 and $7.49, compared to the estimated $7.46. The company also forecasts revenue to be in the range of $5.45 billion to $5.465 billion, which is slightly above the estimated $5.43 billion.
November 21, 2023 | 9:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Autodesk's FY24 guidance suggests a positive outlook with both adjusted EPS and revenue forecasts slightly exceeding analyst estimates. This could indicate confidence in the company's growth trajectory.
Autodesk's guidance for FY24 indicates a positive outlook, with both EPS and revenue forecasts slightly above analyst expectations. This could be interpreted by investors as a sign of the company's strong performance and potential for growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100