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Autodesk Earnings, Revenue Beat in Q4

Stock MarketsFeb 25, 2021 04:09PM ET

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Investing.com - Autodesk (NASDAQ:ADSK) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Autodesk announced earnings per share of $1.18 on revenue of $1.04B. Analysts polled by Investing.com anticipated EPS of $1.07 on revenue of $1.01B.

Autodesk shares are down 6% from the beginning of the year, still down 11.41% from its 52 week high of $321.13 set on January 13. They are under-performing the Nasdaq 100 which is down 0.47% from the start of the year.

Autodesk follows other major Technology sector earnings this month

Autodesk's report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Alphabet C had beat expectations on February 2 with fourth quarter EPS of $22.3 on revenue of $56.9B, compared to forecast for EPS of $15.79 on revenue of $52.67B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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