Intuit Backs Outlook for 1Q, Fiscal Year Ahead of Investor Day
By Kelly Cloonan
Intuit reiterated its first-quarter and full-year guidance ahead of its investor day.
The company, known for its tax-preparation and accounting software, said Thursday it continues to expect revenue to increase 9% to 10% for fiscal 2027. The company also continues to forecast earnings per share of $20.12 to $20.36 and adjusted earnings per share of $22.88 to $23.12 for the year.
For the fiscal first quarter, Intuit continues to expect revenue of $4.29 billion to $4.31 billion, or up 11%; earnings per share of $1.71 to $1.75; and adjusted earnings per share of $2.44 to $2.48.
The reiterated outlook came before the start of the company's investor day on Thursday. The company said it plans to discuss its strategy, latest product innovations and growth plans for an evolving artificial-intelligence landscape.
Chief Executive Sasan Goodarzi said the company has significant runway ahead.
"Our strategy is fueling the company's biggest growth drivers. We're focused on scaling our big bets and accelerating new customer growth to build durable, long-term growth for years to come," Goodarzi said.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
September 17, 2026 09:44 ET (13:44 GMT)
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