Intuit Inc. NASDAQ: INTU is the financial technology powerhouse behind TurboTax, Credit Karma, QuickBooks, and Mailchimp. The company continues to demonstrate its dominance in the market with the release of Intuit's earnings report for the fourth quarter and full year of 2024.
Intuit INTU reported better-than-expected fourth-quarter financial results and issued FY25 EPS guidance above estimates on Thursday. Also, the company approved a new $3 billion repurchase authorization.
Intuit (NASDAQ: INTU ) just reported results for the fourth quarter of 2024. Intuit reported earnings per share of $1.99.
Tax-preparation software provider Intuit Inc. on Thursday forecast profit and sales for the fiscal year ahead that were above Wall Street's expectations, although its first-quarter outlook came up short, as it tries to prepare for a world of AI-driven financial assistance.
Intuit Inc. (NASDAQ:INTU ) Q4 2024 Earnings Conference Call August 22, 2024 4:30 PM ET Company Participants Kim Watkins - Vice President of Investor Relations Sasan Goodarzi - Chief Executive Officer Sandeep Aujla - Chief Financial Officer Conference Call Participants Siti Panigrahi - Mizuho Alex Zukin - Wolfe Research Brad Zelnick - Deutsche Bank Brent Thill - Jefferies Keith Weiss - Morgan Stanley Kash Rangan - Goldman Sachs Kirk Materne - Evercore ISI Kartik Mehta - Northcoast Research Daniel Jester - BMO Capital Markets Arvind Ramnani - Piper Sandler Brad Sills - Bank of America Operator Good afternoon, ladies and gentlemen. My name is Bo and I will be your conference operator.
Intuit (INTU) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.65 per share a year ago.
Intuit Inc (NASDAQ:INTU, ETR:ITU) posted better than expected results for the fiscal fourth quarter and full year, sending its shares higher afterhours. For Q4, the firm behind TurboTax and Quickbooks reported a 17% increase in revenue to $3.18 billion, ahead of estimates of $3.08 billion and above Intuit's guidance range of $3.063 billion to $3.099 billion.
Intuit forecast fiscal 2025 revenue above Wall Street estimates on Thursday, banking on growing demand for its AI-driven financial management tools amid recent price increases.
Financial software firm Intuit beat estimates for its fiscal Q4 and guided higher than views for the current fiscal year.
Intuit's (INTU) fourth-quarter fiscal 2024 results are expected to reflect strength in Online Ecosystem revenues, driven by the partnership with Los Angeles Urban League.
Intuit is a large business with a market capitalization of nearly $183 billion, generating strong cash flows and achieving rapid growth. Despite impressive financial results and growth, shares of Intuit are considered expensive compared to similar firms and historical prices. Management expects a strong year-over-year expansion in financial results for the final quarter of the 2024 fiscal year, but shares are still considered pricey.
Besides Wall Street's top -and-bottom-line estimates for Intuit (INTU), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.