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Stock impact report

Autodesk falls on weak quarterly results and disappointing guidance [CNBC]

KeyCorp (KEY) 
Last keycorp earnings: 4/16 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.key.com
Company Research Source: CNBC
Autodesk falls on weak quarterly results and disappointing guidance Autodesk Here are the key numbers: Autodesk's revenue grew 31% in the quarter, the company said Subscription revenue increased 67% to $595.8 million, just below the $599.6 million estimate among analysts polled by FactSet. The company said revenue for its Architecture, Engineering and Construction and AutoCAD and AutoCAD LT products both grew 37%. As for guidance, Autodesk said it expects earnings per share of 59 cents to 63 cents, excluding certain items, in the second quarter, on $782 million to $792 million in revenue. Analysts polled by Refinitiv were looking for 62 cents per share of profit, excluding certain items, and $788.5 million in revenue for the quarter. For the full fiscal year, Autodesk is looking for $2.71 to $2.90 in earnings per share, excluding certain items, on $3.25 billion to $3.30 billion in revenue. The Refinitiv consensus was $2.83 in earnings per share on $3.29 billion in revenue. Jason Cel Show less Read more
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