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Autodesk Beats Earnings Expectations, Revenue Exceeds Estimates

Autodesk (NASDAQ: ADSK) has announced its first-quarter earnings, surpassing analyst expectations both in earnings per share (EPS) and revenue.

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For the first quarter, Autodesk reported EPS of $1.87, outperforming the analyst consensus of $1.74 by $0.13. Revenue for the same period totaled $1.42 billion, exceeding the consensus estimate of $1.39 billion.

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Following this announcement, Autodesk’s stock price closed at $218.20. Over the last three months, the stock has experienced a decline of -15.60%, while over the last 12 months, it has seen a growth of 4.85%.

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In the past 90 days, Autodesk witnessed 4 positive EPS revisions and 2 negative EPS revisions, indicating fluctuations in analysts’ sentiments.

Autodesk’s Financial Health score is assessed as “good performance,” reflecting its solid standing in terms of financial stability and management efficiency.

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