Autodesk shares up after Q4 beat, upbeat forecast
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Investing.com -- Autodesk shares up more than 3% in afterhours trading as it reported fourth-quarter earnings and revenue above Wall Street expectations, driven by steady demand for its design software.
The company posted earnings per share of $2.29, beating analysts’ average estimate of $2.14. Revenue for the quarter rose to $1.64 billion, slightly ahead of the consensus estimate of $1.63 billion.
Autodesk (NASDAQ: ADSK) forecast earnings per share between $2.14 and $2.17 for the first quarter of 2026, above analysts’ expectation of $2.07.
It projected revenue in the range of $1.6 billion to $1.61 billion, in line with estimates.
For the full year Autodesk expects earnings per share of $9.34 to $9.67, surpassing the consensus of $9.26. It sees revenue between $7.06 billion and $7.21 billion, also above analysts’ expectation of $6.89 billion.
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