Autodesk shares jumped 7% in extended trading after the software company reported fourth-quarter results that exceeded analyst expectations and provided strong fiscal 2027 guidance. The company posted adjusted earnings per share of $2.85, ahead of estimates of $2.64, while revenue rose 19% year over year to $1.96 billion, topping consensus expectations of $1.91 billion.

For fiscal 2027, Autodesk forecast EPS of $12.29 to $12.56, comfortably beating consensus estimates of $11.65, and projected revenue of $8.48 billion to $8.58 billion, above expectations of $7.97 billion. Chief Executive Andrew Anagnost said the company has been preparing for cloud and AI capabilities for more than a decade and is building a platform to scale and monetize AI across its offerings.

Chief Financial Officer Janesh Moorjani attributed the quarter's strength to architecture, engineering, construction and operations, particularly in construction and emerging markets. He noted that enterprise business agreements, subscription billings and upfront revenue all exceeded expectations. The robust results and upbeat outlook reflect Autodesk's successful transition to subscription-based software and its investments in AI capabilities, positioning the company for continued growth in the digital design and engineering software market.