Intuit Inc. (INTU) Q1 2025 Earnings Call Transcript
All artificial intelligence (AI) systems are software, but not all software is AI. At least, not yet.
The headline numbers for Intuit (INTU) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Intuit (INTU) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.47 per share a year ago.
Intuit (INTU) reported fiscal first-quarter results that beat analysts expectations, but shares tumbled in extended trading as the company's current-quarter forecast disappointed.
Intuit beat estimates for its fiscal first quarter but gave an outlook that was below views for the current quarter and full year ahead. The post Intuit Beats Fiscal Q1 Targets Buts Guides Low For Current Quarter, Full Year appeared first on Investor's Business Daily.
Another round of earnings highlight the technology, finance, and retail sectors. Oliver Renick, Kevin Green and Diane King Hall break down the reports minutes after they drop.
President-elect Donald Trump's incoming administration doesn't “want to add to the bureaucracy and they don't want to add investments to create something
Intuit Inc (NASDAQ:INTU, ETR:ITU) projected fiscal second quarter revenue and profit below Wall Street estimates, sending its shares more than 5% lower after Thursday's closing bell. For the quarter ending in January, the financial technology firm projected revenue in the range of $3.81 billion to $3.85 billion, short of the $3.87 billion expected.
Intuit's fiscal first-quarter results exceeded expectations. The finance software company reaffirmed its full-year view but said promotional changes in the current quarter will affect revenue timing.
Intuit projected second-quarter revenue and profit below market estimates on Thursday, hampered by sluggish demand for its financial management services and a planned change in the timing of its promotions.
Intuit has added a generative artificial intelligence (AI)-powered financial assistant to QuickBooks. The new Intuit Assist for QuickBooks is designed to help small and medium-sized businesses (SMBs) by generating estimates, invoices, bills and payment reminders and delivering personalized recommendations, the company said in a Wednesday (Nov. 20) press release.