Q3 EPS forecast from Autodesk falls short of projections, causing a drop in shares.

ADSK · Autodesk Inc.

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Autodesk reported a Q2 beat on both EPS and revenue and said it raised fiscal-27 billings and revenue growth expectations, but issued Q3 adjusted EPS guidance below analyst estimates while giving revenue guidance above estimates. These material positives and negatives offset each other, leaving the net impact unclear in the near term.