Intuit Inc. (INTU) announced after the bell Wednesday that it expects approximately 4 percent revenue growth in TurboTax for the 2013 fiscal year. The company now expects to report third quarter non-GAAP EPS of $2.92 to $2.94, compared to prior expectations of $2.99 to $3.04. Full year 2013 non-GAAP EPS is now expected to be between $3.31 and $3.35, compared to previous guidance of $3.40 to $3.46.
Intuit gapped open dramatically lower Thursday, but moved in a narrow range throughout the session. The stock closed down by 7.10 at $57.09 on the highest volume of the year. Intuit sank to over an 8-month low and fell below its 200-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.