Reported 8 months ago
Ross Stores and Intuit both released their quarterly earnings, resulting in significant but opposite stock movements. Ross reported better-than-expected profits despite missing revenue targets due to external factors, prompting a rise in their share price as they increased full-year earnings guidance. Conversely, Intuit's stronger-than-expected earnings report was overshadowed by disappointing future guidance, leading to a decline in their stock price.
Source: YAHOO