Intuit beat expectations for fourth-quarter revenue and adjusted earnings per share. But its fiscal 2027 revenue guidance of 23.279 billion dollars to 23.512 billion dollars fell below the market consensus of 23.7 billion dollars. Despite the strong finish, the prospect of growth slowing from 14 per cent to a 9-10 per cent range sent the shares down about 11 per cent after hours.
Intuit reported fourth-quarter revenue of 4.354 billion dollars, 14 per cent more than a year earlier, and adjusted earnings of 4.03 dollars a share. The comparison bar collected by FactSet was lower: analysts had expected revenue of 4.27 billion dollars and adjusted earnings of 3.58 dollars a share. Both main quarterly figures therefore cleared the forecasts available to the market.[1], [2]
After closing fiscal 2026 with revenue of 21.448 billion dollars, up 14 per cent, Intuit expects 23.279 billion dollars to 23.512 billion dollars in fiscal 2027. That implies growth of 9-10 per cent, and even the top of the range misses the 23.7 billion-dollar FactSet consensus. The plan calls for 13-14 per cent growth at Global Business Solutions and 11-13 per cent at Credit Karma, while Mailchimp is expected to be flat or down 1 per cent.[1], [2]
The results arrived after Tuesday’s close and Intuit shares fell about 11 per cent in extended trading. The response centred on the forward range rather than the quarter just completed. Intuit guided fiscal 2027 adjusted earnings to 22.88 dollars to 23.12 dollars a share. It also raised the quarterly dividend by 15 per cent to 1.38 dollars, but that increase did not offset the revenue-guidance gap in the market’s first reaction.[1], [2]
