Intuit Guides 2Q EPS to $1.71-$1.75, Adding to FY27 Outlook
INTU sits 26% above its 52-week low of $252.84.
Summary
Intuit provided second-quarter EPS guidance of $1.71 to $1.75, a new data point following its August 25 first-quarter revenue guidance of $4.29B-$4.31B and fiscal 2027 revenue outlook of $23.3B-$23.5B. The company's 10-K, filed September 9, confirmed 14% revenue growth and 20% EPS growth for fiscal 2026, along with a $293M restructuring charge. Intuit also reaffirmed its first-quarter and fiscal 2027 guidance ahead of its investor day. This EPS range gives investors a concrete profitability target for the upcoming quarter, though no consensus estimate is provided for comparison. The guidance arrives amid ongoing securities fraud class actions alleging misleading statements about TurboTax's competitive position.
At the time of this announcement, INTU was trading at $318.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $85B. The 52-week trading range was $252.84 to $705.08. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.