Intuit News - May 2026
Intuit Plunges 20% on Weak TurboTax Outlook, Cutting 3,000 Jobs for AI
Intuit Inc. reported fiscal third-quarter 2026 revenue of $8.56 billion. Adjusted earnings per share reached $12.80, beating market estimates. The company is...
🔴 INTU is trading 19.7% down today despite earnings beat as 17% layoff plan weighs
INTU is trading 19.7% down at $308.30 following its Q3 fiscal 2026 earnings report and a major restructuring announcement. • The company surpassed quarterly...
Intuit Beats Estimates and Raises Guidance, So Why Are Investors Dumping the Stock After a 3,000-Person Layoff?
Shares of Intuit cratered as much as 17% over two sessions after the TurboTax and QuickBooks parent paired a solid earnings beat with the largest workforce...
🔴 INTU is trading 13.5% down today on a 17% workforce reduction despite beating Q3 earnings estimates
INTU is trading 13.5% down at $332.35 in pre-market, extending a sharp selloff following its fiscal Q3 2026 earnings report. • The company reported revenue of...
🔴 INTU is trading 14% down today after announcing a 17% workforce reduction despite an earnings beat
INTU is trading at $342.00 (14% down) in after-hours trading following its fiscal Q3 2026 earnings release and the announcement of a major restructuring. •...
Intuit's third quarter 2026 revenue of $8.6B beat estimates and the company raised full-year guidance.
Intuit reported third quarter fiscal 2026 revenue of $8.6 billion, up 10% year-over-year, and non-GAAP EPS of $12.80. Both figures exceeded analyst...
Intuit cuts 3,000 jobs to focus on AI, shares fall 3.9%
Intuit is laying off approximately 3,000 employees. This reduction represents 17% of the company's global workforce. Intuit shares fell 3.9% following the...
Intuit Inc Q3 2026 Earnings Preview: What Analysts Expect on May 20, 2026
Consensus revenue is $8.54 billion and adjusted EPS is $12.57, with the current stock price of $393.00 trading at a significant discount to the average analyst...