ADSK's recent decline is unjustified given continued growth and lack of AI disruption; the market reaction was driven by expectations rather than fundamentals.

Uh Autodesk reports at 4 at least that's the current estimate. you know autodesk software workday software a firm consumer lending Ulta consumer purchasing iron neocloud and then of course Marll tech for where do we stand on AS6 custom AS6 CPO adoption we'll see it's going to be really interesting

You've got uh Autodesk coming up. That'll be uh neat as well. You know, one of your um well, your developer basically of AutoCAD. The home architectural software, which frankly, home volumes aren't great.

Home building is challenged. So, we'll see see how that all ends up translating to uh Autodesk.

Here we go. Autodesk coming in. Uh it is a beat on Autodesk. We've got Q2 for Autodesk coming in with net revenue at 205 versus uh 2011. So 2 billion 2.01 billion was the expectation.

It's about a 2% beat on Q2 rev and uh operating margin at 41% versus 39 uh 39.3% expected. So you got a nice boost there on Autodesk on a beat.

Let's see how the stock is performing. Autodesk Autoesk and the stock is flat in the afters. Got what looks like a big candlestick, but it was up 6% today. It is down now about 88 pips.

What's the forecast here? forecast on Autodesk is uh let's see it is it is Q3 forecast is coming in at 2135 billion versus 208 billion that puts us at 2135 divided by 2.08 was about 2.6% 6% bead on Q3 forecast.

So, no sign that AI is really destroying Autodesk over there. Uh adjusted EPS range $34 to $39. I've got forecast on fiscal year that beat as well. Midpoint on fiscal year was 8.325 and the current update is 8.19 8.19.

Sorry. 8.19 was the expectation. 8.325 is what they came in at. So 8.19, that is a 1.6% beat. 1.6% beat on fiscal year revenue. So that's Autodesk.

Autodesk and Workday both of them dropping about 4 to 6% now. Less ideal uh for that um for that software push.

I'm going back to Autodesk for a moment because it looks like there's some more notes that came through on Autoesk. We've got Q3. We got a beat on that original forecast, but uh, Q2 adjusted.

Q3 adjusted EPS misses expectations. Oh, so you got a miss over there. Okay, so Q3 adjusted EPS comes through at uh 5 2 3.065 3.065 is the forecast for adjusted EPS. Uh expectation was 3.15.

So that's a miss. 3.065 / 3.15 that's a miss of 2.7%. miss of 2.7%. So 2.7% miss Autodesk forecast. We'll have to see why. What's going on there?

We've got Q3. We got a beat on that original forecast, but uh, Q2 adjusted. Q3 adjusted EPS misses expectations. Oh, so you got a miss over there. Okay, so Q3 adjusted EPS comes through at uh 5 2 3.065 3.065 is the forecast for adjusted EPS.

Uh expectation was 3.15. So that's a miss. 3.065 / 3.15 that's a miss of 2.7%. miss of 2.7%.

So 2.7% miss Autodesk forecast. We'll have to see why. What's going on there?

Ulta. We covered Marll. Nothing new. Autodesk, not new. Autodesk, not new.

Let's go look at Autodesk. Autodesk Investor relations. All right. Here we go. All right, let's see how they're doing. Autodesk for giggles has year-over-year revenue up 10% or their billings, I'm sorry, billings are up 10%.

I have to see how they define the difference between billings and revenue because revenue is up 16%. GAP, okay, that's fine. And they're not presenting a percentage for that. Fine.

Design's up 16%. Make is up 16%. Individual product segments. America's up 14%.

I mean, doesn't look like people are running to cancel their Autodesk subscriptions because of uh AI. I mean, that also in fairness makes some sense. little hard to uh operate as a professional like architect or draftsman or woman uh without

h rpo remaining performance obligations grew 2%. Okay. All right. Well, I mean that's uh that's the initial set of earnings that we got. None of them really exciting. like there wasn't really a showstopper.

I mean, I don't know. Does does it Autodesk deserve to go down 8% on, you know, still indicating growth? Probably not. I think some of it has to do with uh, you know, expectations as usual.

If I look at Autodesk though, we just um just jotted that down.

Does does it Autodesk deserve to go down 8% on, you know, still indicating growth? Probably not. I think some of it has to do with uh, you know, expectations as usual.

If I look at Autodesk though, we just um just jotted that down. Oh, where'd it go? Don't tell me logged me out again. Uh, did I get logged out? Oh, no. I'm good. Okay, thank goodness.

So, Autodesk came in with uh the forecast was light. That's what it was. EPS forecast missed by 2.7%. So, investors feel like they got a little rugged. Yeah. Expectation versus reality.

You know, you told me one thing, you told me to expect something, and you let me down. You let me down.

Oh, where'd it go? Don't tell me logged me out again. Uh, did I get logged out? Oh, no. I'm good. Okay, thank goodness. So, Autodesk came in with uh the forecast was light. That's what it was.

EPS forecast missed by 2.7%. So, investors feel like they got a little rugged. Yeah. Expectation versus reality. You know, you told me one thing, you told me to expect something, and you let me down. You let me down. Okay.