Autodesk Q2 Adj $2.15 Beats $2.00 Estimate, Sales $1.50B Beat $1.48B Estimate
Portfolio Pulse from Benzinga Newsdesk
Autodesk reported strong Q2 earnings, with EPS of $2.15 beating estimates of $2.00 and sales of $1.50 billion surpassing the $1.48 billion estimate. This marks a significant year-over-year growth in both earnings and sales.
August 29, 2024 | 8:02 pm
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Autodesk's Q2 earnings per share of $2.15 exceeded expectations of $2.00, showing a 12.57% increase from last year. Sales also rose to $1.50 billion, beating the $1.48 billion estimate and marking an 11.90% increase year-over-year.
Autodesk's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The significant year-over-year growth in both metrics indicates strong business performance, which is typically viewed favorably by investors.
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