Autodesk (ADSK) Beats Q1 Earnings and Revenue Estimates

Core Insights - Autodesk reported quarterly earnings of $2.29 per share, exceeding the Zacks Consensus Estimate of $2.14 per share, and showing an increase from $1.87 per share a year ago, resulting in an earnings surprise of 7.01% [1] - The company achieved revenues of $1.63 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 1.64% and up from $1.42 billion year-over-year [2] Earnings Performance - Autodesk has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong earnings performance [2] - The stock has experienced a slight decline of about 0.9% since the beginning of the year, compared to a decline of -0.6% for the S&P 500 [3] Future Outlook - The future performance of Autodesk's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - Current consensus EPS estimate for the upcoming quarter is $2.34 on revenues of $1.7 billion, and for the current fiscal year, it is $9.48 on revenues of $6.92 billion [7] Industry Context - The Internet - Software industry, to which Autodesk belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]