Intuit Inc (NASDAQ:INTU, ETR:ITU) delivered better-than-expected results for the fiscal fourth quarter, but shares of the company fell more than 6% in early trade as revenue guidance fell short of estimates.
The TurboTax and Mailchimp maker projected first quarter revenue growth of 14% to 15%, below expectations of 16.1%.
Earnings per share (EPS) were guided in the range of $3.05 to $3.12, compared to estimates of $3.07.
For the full year, revenue growth was projected to be 12% to 13%, a more conservative outlook than prior periods.
For Q4, revenue grew 20% year-over-year to $3.83 billion, ahead of estimates of $3.74 billion.
Adjusted EPS of $2.75, up 38% year-over-year, beat estimates of $2.66.
“We had an exceptional fiscal 2025 with 20 percent growth in the fourth quarter and 16 percent growth for the full year,” Intuit CEO Sasan Goodarzi said in a statement.
“Our virtual team of AI agents and AI-enabled human experts are powering success for consumers and businesses. We could not be more excited about the opportunity ahead.”