Financial technology platform Intuit (NASDAQ:INTU) will be reporting results this Wednesday after market close. Here’s what you need to know.
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Financial technology platform Intuit (NASDAQ:INTU) will be reporting results this Wednesday after market close. Here’s what you need to know.
At this time, I would like to welcome everyone to Intuit's Third Quarter Fiscal Year 26 Conference Call. With that, I will now turn the call over to Anne-Sophie Seigneurbieux, Intuit's Senior Vice President of Investor Relations. There are a number of factors that could cause Intuit's results to differ materially from our expectations.
Intuit (NASDAQ:INTU) reported fiscal third-quarter revenue growth of 10% and raised its full-year outlook, while management outlined plans to reduce the company’s full-time workforce by 17% and adjust its approach to lower-income, price-sensitive tax filers. Chairman and CEO Sasan Goodarzi said the
Intuit (INTU) delivered earnings and revenue surprises of +2.59% and +0.45%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
The maker of TurboTax and QuickBooks will lay off nearly a fifth of its workforce as it makes artificial intelligence a centerpiece of its business.
Financial software firm Intuit late Wednesday beat expectations for its fiscal third quarter and with its Q4 guidance.
Intuit (INTU) reported fiscal Q3 adjusted earnings late Wednesday of $12.80 per diluted share, up fr
TurboTax parent Intuit raised its annual revenue and profit forecasts on Wednesday and announced it would trim 17% of its workforce, sharpening its focus on artificial intelligence-powered financial software amid robust demand. The reduction of nearly 3,000 roles globally, reported exclusively by Reuters earlier in the day, is expected to help simplify organizational structure and streamline key areas, including AI efforts, according to a staff memo sent by CEO Sasan Goodarzi. It had about 18,200 employees across seven countries as of July 31, 2025, according to its annual report.
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In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company's corporate structure, and deliver better AI products.
Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an internal memo seen by Reuters on Wednesday. CEO Sasan Goodarzi sent an email to staff earlier in the day, saying that reducing complexity and simplifying the structure would help it deliver better products, according to the memo and a source familiar with the matter. Intuit, which is scheduled to report third-quarter results later on Wednesday, did not immediately return a request for comment.
With a 5-year average revenue growth rate of 20.9%, Intuit Inc. (NASDAQ:INTU) is included among the 11 Best Long Term US Stocks to Buy Right Now. On May 11, TD Cowen lowered its price recommendation on Intuit Inc. (NASDAQ:INTU) to $576 from $633. It reiterated a Buy rating on the stock. The firm said it still sees […]
Nvidia, the most valuable public company by market capitalization, will report earnings Wednesday, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Target will also report this week.
Investors may be wondering whether Intuit at around US$399.71 still stacks up as good value, or if the stock now carries more risk than reward. After a tough run this year, with the share price down 36.5% year to date and 40.0% over the past 12 months, the recent moves of 3.1% over the last week and 1.6% over the past month provide fresh context for anyone reassessing the stock. Recent headlines have focused on Intuit's position in core products like TurboTax and QuickBooks, along with...
Investors are closely eyeing the stock which has fallen roughly 40% from its yearly high amid concerns over growth and valuation.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.68%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.95%. June E-mini S&P futures (ESM26 ) are down -0.75%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.45%. June E-mini S&P futures (ESM26 ) are down -0.40%, and June E-mini Nasdaq futures...
INTU's QuickBooks adds AI-powered Workforce tools, expanding from accounting into payroll, hiring and HR management.
Nvidia, the most valuable public company by market capitalization, will report earnings this week, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Home Depot will also report.
A number of stocks jumped in the afternoon session after a robust earnings report and upgraded annual revenue forecast from networking giant Cisco Systems, fueled optimism in the software sector.
INTU gears up for fiscal Q3 results with double-digit revenue growth forecast and strong momentum across QuickBooks, TurboTax and Credit Karma.
Matrix Asset Advisors, an asset management company, released its Q1 2026 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2026, the stock market declined by -4.33% after three years of gains, initially lifted by strong earnings and expectations of interest rate cuts. However, following military actions in Iran […]
June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.
Nvidia, the most valuable public company by market capitalization, will report earnings this week, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Home Depot will also report.
A number of stocks fell in the afternoon session after the April PPI report sent Treasury yields to 10-month highs, with the 10-year yield rising to 4.49%.