Intuit drops as quarterly forecast misses estimates due to revenue getting delayed
Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024.Intuit shares fell 6% in extended trading on Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts' estimates due to some sales getting delayed.Here's how the company performed in comparison with LSEG consensus:Earnings per share: $2.50 adjusted vs. 2.35 expectedRevenue: $3.28 billion vs. 3.14 billionRevenue increased 10% year over year in the q ...