Autodesk Sees Q3 EPS $2.08-$2.14 Vs $2.12 Est.; Revenue $1.555B-$1.570B Vs $1.54B Est.; FY25 EPS $8.18-$8.31 Vs $8.12 Est.; Revenue $6.08B-$6.13B Vs $6.05B Est.
Portfolio Pulse from Benzinga Newsdesk
Autodesk has released its financial guidance for Q3 and FY25, projecting higher EPS and revenue than analyst estimates. The company anticipates Q3 EPS of $2.08-$2.14 and revenue of $1.555B-$1.570B, while FY25 EPS is expected to be $8.18-$8.31 with revenue of $6.08B-$6.13B.
August 29, 2024 | 8:04 pm
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POSITIVE IMPACT
Autodesk's financial guidance for Q3 and FY25 exceeds analyst expectations, with higher projected EPS and revenue. This positive outlook could boost investor confidence and potentially lead to a short-term increase in stock price.
Autodesk's guidance for both Q3 and FY25 shows higher EPS and revenue than analyst estimates, indicating strong business performance. This positive outlook is likely to increase investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100