Trending: Intuit Misses 3Q Revenue Expectations, Cuts FY23 Turbo Tax Guidance
May 24 2023 - 10:24AM
Dow Jones News
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 Newswires
May 24, 2023 10:09 ET (14:09 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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