Intuit (INTU) stock is ticking down in Friday’s pre-market trading — proceeding to fall even more in regular trading hours at the time of this video’s...
) stock is ticking down in Friday’s pre-market trading — proceeding to fall even more in regular trading hours at the time of this video’s posting — despite the financial software company's fiscal fourth quarter earnings and its full-year forecast topping estimates.They beat the street's expectations that, thanks to its A I powered offerings, fueling demand for its financial tools.
The company now sees first quarter revenue growth of between five and 6% about half of what the initial more than half less than half than what the initial expectations were for about 13.1% growth.They're expecting that to decline approximately 20% in the first quarter of fiscal 2025.And so we'll be looking closely at that, of course, the first, the first quarter deck top growth outlook that reflects the changes.
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code 1. KEY INFORMATION Full name of discloser:Davidson Kempner Capital Management LP Owner or controller of interests and short positions disclosed, if different from 1: The naming of nominee or vehicle companies is insufficient. For a trust, the trustee, settlor and beneficiaries must be named.
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