ADSK Stock: Autodesk Draws Narrow Third-Quarter Beat
Autodesk (ADSK), a maker of design software and tools for project workflow, late Tuesday edged by analyst estimates for its fiscal third quarter. ADSK stock fell in extended trading.
The San Rafael, Calif.-based company earned an adjusted $1.33 a share on sales of $1.13 billion in the quarter ended Oct. 31. Wall Street had expected Autodesk earnings of $1.26 a share on sales of $1.12 billion, according to FactSet. In the year-earlier quarter, Autodesk earned $1.04 a share on sales…