Trending : Intuit Misses 3Q Revenue Expectations, Cuts FY23 Turbo Tax Guidance - News Summed Up

Trending : Intuit Misses 3Q Revenue Expectations, Cuts FY23 Turbo Tax Guidance


9:54 ET -- Intuit is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The financial-software company's third-quarter earnings beat forecasts, but its revenues missed the mark, with sales of $6.02 billion compared with Wall Street expectations of $6.09 billion. Even though Intuit raised its outlook for the 2023 fiscal year, it also cut guidance for its Turbo Tax segment as a bump in pandemic-era tax filers wanes. Dow Jones & Co. owns Factiva. (susan.solan@wsj.com)(END) Dow Jones Newswires05-24-23 1009ET


Source: Wall Street Journal May 25, 2023 02:11 UTC



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