Autodesk (NASDAQ:ADSK) shares soared over 7% in pre-market today following the announcement of its Q4 results, which surpassed analyst expectations. The company also provided guidance indicating double-digit revenue growth for fiscal year 2025.
In the fourth quarter, Autodesk reported EPS of $2.09, exceeding the consensus of $1.95. The company’s revenue for the quarter was $1.47 billion, surpassing the expected $1.43 billion.
For the upcoming quarter, Autodesk expects EPS to range from $1.73 to $1.78, compared to the analyst predictions of $1.78. The company forecasts revenue to be between $1.385 billion and $1.4 billion for the quarter, compared to the Street estimate of $1.389 billion.
For the entire fiscal year, the company projects EPS to be between $7.89 and $8.11, compared to the Street estimate of $8.11. The company’s revenue is expected to range from $5.99 billion to $6.09 billion, exceeding the consensus estimate of $5.978 billion.