U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Friday.
Shares of Intuit Inc (NASDAQ:INTU) fell sharply in the pre-market trading session as the company posted fourth-quarter fiscal results.
Intuit reported fourth-quarter revenue of $3.83 billion, beating analyst estimates of $3.75 billion. The QuickBooks, Credit Karma and TurboTax parent company reported fourth-quarter adjusted earnings of $2.75 per share, beating analyst estimates of $2.66 per share, according to Benzinga Pro.
Intuit anticipates fiscal year 2026 revenue of $21 billion to $21.19 billion versus estimates of $18.75 billion. The company expects full-year adjusted earnings to be between $22.98 and $23.18 per share, versus estimates of $20.09 per share
Intuit shares dipped 5.5% to $659.00 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- ETHZilla Corporation (NASDAQ:ETHZ) shares dipped 12.3% to $4.22 in pre-market trading after declining 8% on Thursday.
- Blaize Holdings, Inc. (NASDAQ:BZAI) declined 8.2% to $3.35 in pre-market trading after gaining 5% on Thursday.
- EVI Industries Inc (NYSE:EVI) dipped 5.3% to $23.20 in pre-market trading after declining 4% on Thursday.
- Emx Royalty Corp (NYSE:EMX) fell 4.5% to $2.97 in pre-market trading.
- Workday Inc (NASDAQ:WDAY) fell 4.1% to $218.28 in pre-market trading as the company released its second-quarter results and announced it will acquire Paradox.
- CytomX Therapeutics Inc (NASDAQ:CTMX) declined 3.5% to $1.96 in pre-market trading after gaining 3% on Thursday.
- Zhengye Biotechnology Holding Ltd (NASDAQ:ZYBT) fell 2.3% to $6.55 in pre-market trading after dipping 29% on Thursday.
Now Read This:
Photo via Shutterstock
