INTU · PEAD ↓ 100

Intuit reported Q3 FY2026 EPS of $12.80 on 2026-05-20, beating the $12.57 consensus by $0.23 (+1.83%); prior-year EPS not available in our feed.

Print-day reaction was −3.9% versus the prior close, a sharp drop despite the EPS beat — the market clearly found something to dislike beyond the headline number. The overnight gap to the T+1 open compounded the damage, adding another −18.7%, the dominant move of the entire window. The Day 1–3 drift contributed a further −0.9%, with no meaningful stabilisation or reversal evident across the subsequent sessions. Cumulative abnormal return of −26.2% versus SPY.US over the three-day window places this firmly in PEAD short territory; the documented drift pattern holds through 2026-08-17.