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Autodesk announced earnings per share of $0.85 on revenue of $885.7M. Analysts polled by Investing.com anticipated EPS of $0.8 on revenue of $872.55M. That with comparison to EPS of $0.45 on revenue of $735.5M in the same period a year before. Autodesk had reported EPS of $0.92 on revenue of $899.3M (NYSE:MMM) in the previous quarter. Analysts are expecting EPS of $0.93 and revenue of $914.97M in the upcoming quarter.
Autodesk shares are up 8% from the beginning of the year , still down 5.57% from its 52 week high of $211.58 set on February 20. They are outperforming the S&P 500 which is down 6.46% year to date.
Autodesk shares gained 1.61% in after-hours trade following the report.
Autodesk’s report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.66B.
Apple had beat expectations on April 30 with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
