Intuit Inc. (INTU)
Low Yield, High Valuation - Why I'm Still Bullish On Intuit
Intuit has averaged 17.6% annual returns since 2003, but recently saw an 8% stock drop after losing 1 million free TurboTax users. Despite this, Intuit's revenue grew 12%, driven by high-value customers and AI innovations, mitigating competition fears. Strong financial health and international expansion bolster Intuit's growth. The company has robust cash reserves, low debt, and consistent dividend growth.
TurboTax's Intuit Is the Worst S&P 500's Worst Performer Today
Intuit expects the number of free TurboTax customers to be around 10 million for the full fiscal year.
Intuit Stock Slumps After Warning TurboTax Could Lose 1 Million Free Users
Shares of Intuit (INTU) dropped close to 8% in intraday trading Friday as the provider of financial and other software warned it will lose 1 million customers who use the free version of its TurboTax tax filing program.
Intuit stock down 9.0% on Q3 earnings: buy the dip?
A 9.0% decline in Intuit Inc (NASDAQ: INTU) following its quarterly earnings report last night is worth buying, as per a UBS analyst. Intuit stock could climb to $670 Intuit stock is taking a hit this morning because the management's guidance for the current quarter failed to impress the market.
Intuit (INTU) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
Intuit's (INTU) fiscal third-quarter results reflect strength in the Online Ecosystem and Consumer Group business segments.
Brokers Suggest Investing in Intuit (INTU): Read This Before Placing a Bet
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?
Intuit quarterly guidance miss sends stock lower post-earnings
Intuit Inc (NASDAQ:INTU, ETR:ITU) shares fell 6% pre-market as a guidance miss for the current quarter and investor concern about a loss in the number of free users using its TurboTax tax software overshadowed better-than-expected earnings. The technology firm said it saw a decline in lower-end customers during this year's tax season, with 10 million people using its TurboTax platform to file their taxes, a drop of about 1 million from last year.
Intuit Inc. (INTU) Q3 2024 Earnings Call Transcript
Intuit Inc. (NASDAQ:INTU ) Q3 2024 Earnings Call Transcript May 23, 2024 4:30 PM ET Company Participants Kim Watkins - VP of IR Sasan Goodarzi - CEO Sandeep Aujla - CFO Conference Call Participants Keith Weiss - Morgan Stanley Daniel Jester - BMO Capital Markets Siti Panigrahi - Mizuho Alex Markgraff - KeyBanc Capital Markets Kirk Materne - Evercore ISI Kash Rangan - Goldman Sachs Brad Reback - Stifel Brad Zelnick - Deutsche Bank Steve Enders - Citi Brad Sills - Bank of America Scott Schneeberger - Oppenheimer Raimo Lenschow - Barclays Michael Turrin - Wells Fargo Operator Good afternoon. My name is David and I'll be your conference operator.
Intuit Says AI Is Helping Drive Small Businesses Growth, Certainty
Small businesses are the heart and soul of America's Main Street. But it can be hard to get a pulse check on how they are doing, given today's dynamic operating environment as well as the sheer variety and volume of small businesses out there — taken together, they make up 40% of the U.S.
Here's What Key Metrics Tell Us About Intuit (INTU) Q3 Earnings
The headline numbers for Intuit (INTU) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Intuit (INTU) Beats Q3 Earnings and Revenue Estimates
Intuit (INTU) came out with quarterly earnings of $9.88 per share, beating the Zacks Consensus Estimate of $9.34 per share. This compares to earnings of $8.92 per share a year ago.
Intuit lifts annual forecasts on demand for AI-powered financial products
Intuit posted a rise in third-quarter revenue and raised its annual forecasts on Thursday, as the maker of tax filing software TurboTax benefited from demand for its AI-integrated products during a robust tax season.
