Autodesk Q3 EPS Guidance Misses Estimates, Shares Fall

Autodesk Inc. reported second-quarter results after the market close on Thursday and issued third-quarter earnings per share guidance below expectations.

Here are the key figures for the quarter.

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Autodesk Q2 Details

Autodesk reported quarterly earnings per share of $3.30, beating the analyst consensus estimate of $3.12 by 5.77%.

Quarterly revenue came in at $2.05 billion, surpassing the market expectation of $2.01 billion.

"Our second-quarter results were strong, with solid execution and momentum. Our sales transformation is proceeding as planned," said Autodesk CFO Janesh Moorjani.

"We are raising our fiscal 2027 billings and revenue growth guidance to reflect higher organic growth expectations and the incremental contribution from MaintainX," Moorjani added.

Outlook

Autodesk expects third-quarter adjusted earnings per share of $3.04 to $3.09, versus the analyst estimate of $3.14. The company projects revenue of $2.13 billion to $2.14 billion, compared to the market expectation of $2.08 billion.

ADSK price action: According to market data, Autodesk shares fell 4.83% in after-hours trading on Thursday, trading at $257.20.