Intuit (INTU) Stock Falls 3% Despite Beating Earnings. Here’s Why
TLDR
- Intuit reported Q4 adjusted EPS of $4.03 on revenue of $4.35 billion, beating analyst estimates
- Stock closed down 3.2% at $345.88 after the earnings report
- FY2027 revenue guidance of $23.3B to $23.5B came in below analyst expectations of $23.7B
- The company acknowledged losing DIY TurboTax customers to lower-cost rivals due to pricing
- Intuit will include share-based compensation in non-GAAP figures going forward, reducing EPS comparability
Intuit (INTU) closed at $345.88 on Wednesday, down 3.2%, after the company posted better-than-expected quarterly results but offered a revenue outlook that fell short of Wall Street expectations.
For Q4, Intuit reported adjusted earnings of $4.03 per share on revenue of $4.35 billion. Analysts had expected $3.58 per share on $4.27 billion in revenue, so the beat was clear.
The problem was the forward guidance.
INTUIT $INTU Q4’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $4.4B (Est. $4.27B) 🟢; +14% YoY
🔹 Adj. EPS: $4.03 (Est. $3.58) 🟢FY27 Guide:
🔹 Revenue: $23.3B-$23.5B (Est. $23.72B) 🟡
🔹 Adj. EPS: $22.88-$23.12 (Est. $27.32) 🔴… Continue reading the full article at the original source below.
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