Intuit, Zoom, Qfin Holdings And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session - Zoom Co

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday.

Shares of Intuit Inc (NASDAQ:INTU) fell sharply in pre-market trading after the company reported upbeat fourth-quarter financial results but issued FY27 guidance below estimates.

Intuit reported fourth-quarter revenue of $4.35 billion, beating analyst estimates of $4.27 billion. The QuickBooks, Credit Karma and TurboTax parent company posted adjusted earnings of $4.03 per share for the quarter, beating estimates of $3.58 per share, according to Benzinga Pro.

Intuit expects fiscal 2027 revenue of $23.28 billion to $23.51 billion versus estimates of $23.74 billion. The company expects full-year adjusted earnings of 22.88 to $23.12 per share versus estimates of $27.31 per share. The earnings guidance includes a $5.81 impact from share-based compensation expenses, so estimates may not be comparable. Intuit also noted that Mailchimp will become a separate reportable segment beginning in fiscal 2027.

Intuit shares dipped 11.7% to $315.50 in pre-market trading.