$TRUMP
$XAU
#GoldRisesAbout14%InAugust #QatarExtendsLNGForceMajeureByOneMonth #USCorporateProfitsHitRecordHigh #TaiwanTAIEXRetakes46500OnChipRally #NvidiaTrades$33.5BInFirst140Minutes Why is Autodesk’s stock falling today?
Autodesk’s stock is down 4.5% in pre-market trading today, reaching $258.54, as the negative reaction continues following the announcement of the second-quarter results of the fiscal year 2027—released after the close of trading on Thursday—putting pressure on the share.
Although the design-software giant delivered results that exceeded expectations on both revenue and earnings, with adjusted earnings per share of $3.30 beating analysts’ forecasts of $3.12, and revenue of $2.05 billion surpassing estimates of $2.01 billion, investors focused on the less optimistic aspects of the outlook.
The guidance for full-year adjusted earnings came in at an average point of around $12.56, slightly below analysts’ expectations of $12.60, which was enough to disappoint a market that had been expecting a clear beat of forecasts and an upward revision to guidance.
$XAU
#GoldRisesAbout14%InAugust #QatarExtendsLNGForceMajeureByOneMonth #USCorporateProfitsHitRecordHigh #TaiwanTAIEXRetakes46500OnChipRally #NvidiaTrades$33.5BInFirst140Minutes Why is Autodesk’s stock falling today?
Autodesk’s stock is down 4.5% in pre-market trading today, reaching $258.54, as the negative reaction continues following the announcement of the second-quarter results of the fiscal year 2027—released after the close of trading on Thursday—putting pressure on the share.
Although the design-software giant delivered results that exceeded expectations on both revenue and earnings, with adjusted earnings per share of $3.30 beating analysts’ forecasts of $3.12, and revenue of $2.05 billion surpassing estimates of $2.01 billion, investors focused on the less optimistic aspects of the outlook.
The guidance for full-year adjusted earnings came in at an average point of around $12.56, slightly below analysts’ expectations of $12.60, which was enough to disappoint a market that had been expecting a clear beat of forecasts and an upward revision to guidance.
