Intuit Inc. (INTU)
Intuit stock slips despite upbeat full-year forecast and a pivot toward AI
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. (INTU) Q4 2024 Earnings Call Transcript
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) Q4 Earnings and Revenues Beat Estimates
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 shares rise as Q4 and full-year earnings top forecasts
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 forecasts annual revenue above estimates on AI-driven financial tools
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.
TurboTax Maker Intuit Rings Up Quarterly Beat, Guides Higher For Year
Financial software firm Intuit beat estimates for its fiscal Q4 and guided higher than views for the current fiscal year.
Intuit (INTU) to Report Q4 Earnings: What's in the Offing?
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: Expect Strong Growth, But Not Strong Upside, With Upcoming Earnings
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.
Exploring Analyst Estimates for Intuit (INTU) Q4 Earnings, Beyond Revenue and EPS
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.
Intuit (INTU) Stock Dips While Market Gains: Key Facts
Intuit (INTU) closed at $636.74 in the latest trading session, marking a -1.41% move from the prior day.
Intuit Faces Growing Risks in TurboTax and QuickBooks: Morgan Stanley Analyst
Intuit Inc INTU stock is trading lower Wednesday after Morgan Stanley analyst Keith Weiss downgraded the stock from Overweight to Equal-Weight and lowered its price target from $750 to $685.
Is It Worth Investing in Intuit (INTU) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
