Intuit, DICK'S earnings and consumer data on Tuesday's watchlist

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Summary · why it matters

Investors are watching Tuesday's earnings from Intuit and DICK'S Sporting Goods, along with fresh consumer confidence and new home sales data. Intuit kicks off a big week of tech earnings with fourth quarter results, and analysts expect revenue growth of around 12% driven by strength in global business solutions and continued growth of QuickBooks and Credit Karma. DICK'S Sporting Goods reports amid the ongoing turnaround at Foot Locker, with back-to-school season underway but tight consumer budgets a potential headwind, and analysts expect higher costs to weigh on profits. Economists forecast the August consumer confidence reading to slip slightly from July, while July new home sales are expected to fall to an annualized pace of 620,000.

Impact on assets 2

Cloud & Digital Infrastructure▲ · 1 stocks
Intuit Inc
INTU
▲ PositiveCapitalrelevance

Analysts expect revenue growth of around 12% driven by strength in global business solutions and continued growth of QuickBooks and Credit Karma.

Consumer Discretionary▼ · 1 stocks
Dick’s Sporting Goods Inc
DKS
▼ NegativeDemandrelevance

Tight consumer budgets and higher costs expected to weigh on profits during back-to-school season.

Off-coverage companies 1

Foot Locker, Inc.Private± Mixed
Competitionrelevance

Mentioned as context for Dick's Sporting Goods report amid ongoing turnaround.