Intuit Inc. shares fell 6.9% in extended trading on Tuesday after the company reported fiscal fourth-quarter results that topped analyst expectations but provided a fiscal 2027 outlook that underwhelmed investors.
The maker of TurboTax, QuickBooks, and Mailchimp posted adjusted earnings per share of $4.03 for the quarter, exceeding the consensus estimate of approximately $3.58 by 12.6%. Revenue rose 13.7% year over year to about $4.354 billion, surpassing the forecast of roughly $4.268 billion. Despite the strong headline numbers, the company’s guidance for fiscal 2027 failed to meet market expectations, triggering a sharp selloff in after-hours trading.
Intuit’s stock settled at $332.79 in extended hours, down from its prior close of $357.30. The decline extended a broader downward trend, with shares still down roughly 52% from the 52-week high of $705.08 recorded in 2025. The 52-week low stands at $252.84.
Analysts had already trimmed forward estimates ahead of the report, with at least one firm reducing its fiscal 2027 revenue growth forecast. The company’s guidance reflected headwinds in its DIY tax segment, stagnant growth at Mailchimp, and continued declines in legacy desktop software revenues. Options activity showed a bearish tilt, with put contracts outpacing calls and notable positioning in downside put spreads.
In regular trading, major U.S. indices showed modest gains, with the S&P 500 up 0.3%, the Dow Jones Industrial Average adding 0.3%, and the Nasdaq Composite advancing 0.7%.
