Intuit (INTU) PT Raised to $190 at Deutsche Bank
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Intuit Shifts Quarterly Outlook Citing Late Opening to the Tax Season; Raises Full Year Earnings Per Share Guidance Due to New U.S. Tax Legislation
February 9, 2018 8:30 AM ESTReaffirms Full-year Revenue and Operating Income Guidance
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU) today announced that revenue and operating income for its second fiscal quarter were lower than expected due to the tax season opening later this year. The company expects tax revenue to shift to the third fiscal quarter, and therefore reiterated full fiscal-year revenue and operating income guidance.
Intuit also announced the impact of the 2017 Tax Cuts and Jobs Act (the Tax Act) on its expected second fiscal quarter, which ended... More
