Autodesk Stock Sinks After Outlook Disappoints Investors

2 years ago 310

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/autodesk-shares-sink-after-outlook-disappoints-investors-51637708149


Updated Nov. 23, 2021 6:54 p.m. ET / Original Nov. 23, 2021 5:55 p.m. ET

  • Order Reprints
  • Print Article

Shares of Autodesk were sinking aft the bundle institution reported October 4th results. While net and income bushed expectations, the company’s outlook erstwhile again disappointed investors.

Autodesk reported fiscal 3rd 4th adjusted net of $1.33 a share, up of statement estimates astatine $1.26 a share, according to FactSet. Total nett gross of $1.13 cardinal was up 18% twelvemonth implicit twelvemonth and up of expert estimates of $1.12 billion.

“Our...


Read Entire Article