Autodesk Investors Shouldn't Be Discouraged by Post-Earnings Volatility
Autodesk (NASDAQ: ADSK), a leader in software design for the architecture, engineering, and construction industry (AEC), reported its fourth-quarter and full-year earnings on Feb. 25. The company's headline numbers were better than analysts expected, but guidance was weak, leading the stock to sell off after the report was released.
While weak guidance is not great, this sell-off shouldn't worry you if you're a long-term investor. In fact, you should be as excited as ever for Autodesk's future.
Source Fool.com