Investing.com - Autodesk (NASDAQ:ADSK) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Autodesk announced earnings per share of $1.33 on revenue of $1.13B. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $1.12B.
Autodesk shares are down 0% from the beginning of the year and are trading at $303.96 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 26.52% from the start of the year.
Autodesk follows other major Information Technology sector earnings this month
Autodesk's report follows an earnings matched by Apple on Thursday, October 28, 2021, who reported EPS of $1.24 on revenue of $83.36B, compared to forecasts EPS of $1.24 on revenue of $85.05B.
Microsoft had beat expectations on Tuesday, October 26, 2021 with first quarter EPS of $2.27 on revenue of $45.32B, compared to forecast for EPS of $2.08 on revenue of $44B.
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