Autodesk, Inc. ADSK shares are trading lower by $1.38 (2.2 percent) at $56.14 in Friday's session. Despite a Q1 EPS beat of $0.04 along with a slight revenue, the Street is focusing on its lower Q2 EPS and sales guidance.
After a higher open, it rallied to $57.98, which was just shy of Thursday's high ($58.24), before reversing course. The swift decline took the issue to $55.35 before rebounding back into the $56 handle. The current low is just above its April 12 of $55.07.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in