Autodesk shares fall after Q2 results and Q3 EPS guide cut

Autodesk Inc. (NASDAQ: ADSK ) shares are trading lower Friday after the company reported second-quarter financial results post-market Thursday and issued third-quarter earnings per share guidance below estimates.

Also, the company narrowed its fiscal-year 2027 adjusted earnings per share guidance with its midpoint below estimates.

Autodesk shares are retreating from recent levels.

Why is ADSK stock falling? Q2 Highlights Autodesk reported adjusted earnings per share of $3.30, beating the consensus estimate of $3.12.

In addition, it reported revenue of $2.046 billion, beating the consensus estimate of $2.012 billion. “We delivered strong second quarter results with consistent execution and momentum.

Our sales reorganization is proceeding as expected,” said Janesh Moorjani, Autodesk CFO. “We have increased our fiscal 27 billings and revenue growth guidance to reflect higher underlying growth expectations, as well as the incremental contribution from MaintainX.” Updates FY27 Guidance Autodesk narrowed its fiscal-year 2027 adjusted earnings per share guidance from a range of $12.40 to $12.65 to a range of $12.52 to $12.60, versus the consensus estimate of $12.60.

The company raised its fiscal-year 2027 revenue guidance from a range of $8.155 billion to $8.215 billion to a range of $8.575 billion to $8.650 billion, versus the consensus estimate of $8.206 billion.

For the third quarter, Autodesk sees adjusted earnings per share of $3.04 to $3.09, versus the consensus estimate of $3.14, and revenue of $2.125 billion to $2.140 billion, versus the consensus estimate of $2.082 billion.

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