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Autodesk Shares Rise After Q3 Beat and Full-Year Outlook Increase
Financial Modeling Prep· 2025-11-26 21:40
Core Insights - Autodesk Inc. reported stronger-than-expected third-quarter fiscal 2026 results, with earnings and revenue exceeding analyst forecasts, leading to a full-year guidance raise [1][2] - Shares of Autodesk advanced more than 3% following the announcement [1] Financial Performance - The company posted adjusted earnings of $2.67 per share, surpassing the consensus estimate of $2.50 [2] - Revenue increased by 18% year over year to $1.85 billion, exceeding expectations of $1.81 billion, indicating broad strength across business lines [2] Future Outlook - Autodesk raised its fiscal 2026 outlook, now anticipating adjusted EPS of $10.18 to $10.25, significantly above the $9.95 analyst consensus [2] - Full-year revenue is projected to be between $7.15 billion and $7.17 billion [2] - For the fiscal fourth quarter, the company expects revenue of $1.90 billion to $1.92 billion, with adjusted EPS estimated at $2.59 to $2.67 [3]