Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks and Mint, announced financial results for the third quarter of fiscal 2020, which ended April 30.

Intuit (INTU) is trading within a buy area with earnings on tap for May 21. The stock is approximately 2% above a 268.02 buy point from a first-stage cup with handle. Keep in mind that buying just before a stock reports can be risky, since disappointing numbers could send it sharply lower. You can minimize your exposure by waiting to...

Here we take a sneak peek at five tech stocks lined up to report quarterly earnings this week.

Intuit (INTU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Intuit Inc. (Nasdaq: INTU) today announced that revenue, operating income and earnings for its third fiscal quarter are expected to be lower than guidance due to the negative impact of COVID-19 on its small business customers and the extension of the IRS tax filing deadline to July 15. Intuit is also withdrawing its previously provided fiscal 2020 guidance, reflecting uncertainty in current small business trends.

Q3 2020 Intuit Inc Earnings Call

Intuit's (INTU) fiscal third-quarter top line performance reflects negative impact of extension on tax filing deadline. However, buoyant demand for Quickbooks Online, bodes well.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Intuit Inc. New York, May 20, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Intuit Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

At a time when some dividend stocks are cutting their payouts or even suspending them, this tech stock's dividend growth story is a refreshing standout.

Intuit's (INTU) fiscal Q3 earnings are likely to have gained from buoyant demand for Quickbooks Online. However, an extension on tax filing deadline is likely to have weighed on the top line.

In his "Executive Decision" segment of Mad Money Tuesday night, Jim Cramer spoke with Sasan Goodarzi, CEO of Intuit Inc. , the tax preparation product and financial services company. Goodarzi said the pandemic has caused a massive shift to the virtual world. Goodarzi estimated we've accelerated the shift to virtual by at least five years.

The U.S. Labor Department said the pandemic cost 20.5 million jobs in April, pushing the unemployment rate to a post–World War II high and deepening the economic crisis, while in New York, a child died of a rare condition linked to the virus.

NEW YORK, NY / ACCESSWIRE / May 21, 2020 / Intuit, Inc. (NASDAQ:INTU) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on May 21, 2020 at 4:30 PM Eastern Time. ...

At a virtual QuickBooks Town Hall event this week, Senators Marco Rubio and Ben Cardin met with VP and Business Leader of QuickBooks Capital at Intuit, Luke Voiles, and QuickBooks’ small business customers to discuss next steps for the Paycheck Protection Program (PPP) and future relief efforts for small businesses in the wake of COVID-19 and social distancing restrictions.

The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]

Financial software maker Intuit late Thursday topped Wall Street's earnings-per-share target by a penny on in-line sales in its fiscal third quarter. INTU stock fell in late trading.

(Bloomberg) -- Credit Karma Inc., a fintech company being acquired by Intuit Inc., cut the compensation of all its employees in response to the coronavirus pandemic and faltering economy, according to people familiar with the matter.The startup’s workers will take pay cuts based on seniority, starting at 15% and rising to 50% for executives, said the people, who weren’t authorized to speak publicly about the changes. Management announced the decision during a virtual all-hands meeting Thursday morning.Executives said Credit Karma would be moving to Oakland, California, from San Francisco once its offices reopen, some of the people said. They also announced a freeze on promotions. Employees who don’t want to take the pay cut or work in Oakland are eligible for what executives on the call dubbed a “getting off the bus” buyout plan with six weeks’ salary, one of the people said.“In this challenging economic environment our priorities remain the same -- supporting our employees and supporting our members,” a Credit Karma spokeswoman said in an emailed statement.Credit Karma agreed in February to sell itself to Intuit for $7.1 billion in cash and stock. At the time, the companies said they expected the deal to close in the second half of 2020, subject to regulatory approvals. The termination fee for the deal is as much as $350 million, according to Intuit.Read more: TurboTax Owner’s Credit Karma Buy Could Spark Antitrust ConcernCredit Karma has garnered more than 100 million users since it was founded in 2007 by providing free credit scores online. The startup offers other services, including the ability to apply for a credit card, find an auto loan and open a savings account.Read more: Credit Karma Founder to Get Billion-Dollar Windfall From SaleMore than 30 million users log into Credit Karma every week, the company has said. These people don’t pay the company for any of its services, and Credit Karma makes money through an affiliate fee it receives when someone successfully applies for a loan or credit card on its platform. Credit Karma generated almost $1 billion in unaudited revenue last year, up 20% from 2018, Intuit said earlier this year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Intuit (INTU) delivered earnings and revenue surprises of 0.45% and 0.21%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?

Intuit Inc. late Thursday told investors to brace for fiscal third-quarter revenue and profit lower than what the company had guided due to the impact of the coronavirus pandemic on its small-business customers and also the extension of the tax-filing deadline to July 15. Shares fell more than 4% in the extended session, with Intuit also saying it was withdrawing the fiscal 2020 guidance "reflecting uncertainty in current small business trends." Small businesses "are facing a loss of income and a lack of savings to help them weather the storm," Intuit said. The deadline extension also meant that the company is experiencing "a significant revenue shift to the fourth fiscal quarter," Intuit said. More customers with complex returns are expected to to file later in the extended season, Intuit said. Intuit, the maker of tax-preparation software TurboTax, said it expects sales between $2.99 billion and $3 billion, down from a prior range between $3.6 billion and $3.625 billion. "Nearly all of the revenue change comes from the Consumer Group, related to the extended IRS deadline and the shift of tax filings from the third fiscal quarter to the fourth fiscal quarter," Intuit said. It called for GAAP per-share earnings between $4.08 and $4.11, down from a prior guidance of EPS of $5.53 and $5.58. Shares on Intuit ended the regular trading day up 1.8%.

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