AUTODESK, INC. ANNOUNCES FISCAL 2024 SECOND QUARTER RESULTS

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Autodesk (ADSK) PT Raised to $253 at Rosenblatt, 'Stable Q2 Revenue and Margin Performance Despite Weak Macro'

August 24, 2023 5:53 AM EDT

Rosenblatt analyst Blair Abernethy raised the price target on Autodesk (NASDAQ: ADSK) to $253.00 (from $235.00) while maintaining a Buy rating.

The analyst comments "Autodesk reported Q2 FY24 results (Wednesday after market close), marginally above our revenue expectations, driving revenue of $1,345m (vs our $1,320.5m... More

Autodesk (ADSK) Tops Q2 EPS by 18c; Issues Solid Outlook

August 23, 2023 4:03 PM EDT

Autodesk (NASDAQ: ADSK) reported Q2 EPS of $1.91, $0.18 better than the analyst estimate of $1.73. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.32 billion.

GUIDANCE:

Autodesk sees Q3 2024 EPS of $1.97-$2.03, versus the consensus of $1.92. Autodesk sees Q3... More