Intuit’s Q1 Revenue Forecast Falls Short of Estimates - Shares Tumble
Intuit just delivered a classic Wall Street disappointment—projecting first-quarter revenue growth that missed analyst expectations. The market responded instantly, sending shares downward in after-hours trading.
The Numbers Don't Lie
Revenue projections came in below estimates. No fancy explanations needed—the guidance speaks for itself. Investors clearly expected more from the financial software giant.
Market Reaction Says It All
Shares dropped immediately following the announcement. Because nothing makes investors flee faster than missed forecasts—even from established tech players.
Another Quarter, Another Guidance Game
Wall Street's earnings expectations game continues. Companies lowball, analysts speculate, and everyone acts surprised when reality doesn't match the spreadsheet. Intuit just became the latest player to miss the quarterly guessing game.