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Intuit (INTU) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
Zacks Investment Research· 2024-02-23 16:41
Intuit (INTU) reported fiscal second-quarter 2024 non-GAAP earnings of $2.63 per share, beating the Zacks Consensus Estimate by 14.85%. The bottom line jumped 19.5% from the year-ago quarter.Revenues of $3.38 billion beat the consensus mark by 0.05% and increased 11.3% year over year.Quarter DetailsSmall Business and Self-Employed Group revenues (66.3% of total revenues) grew 18.4% year over year to $2.24 billion.Within the segment, total Online Ecosystem revenues climbed 20% year over year to $1.68 billion ...
Intuit (INTU) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-23 15:30
Intuit (INTU) reported $3.39 billion in revenue for the quarter ended January 2024, representing a year-over-year increase of 11.3%. EPS of $2.63 for the same period compares to $2.20 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.38 billion, representing a surprise of +0.05%. The company delivered an EPS surprise of +14.85%, with the consensus EPS estimate being $2.29.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...
Intuit(INTU) - 2024 Q2 - Earnings Call Transcript
2024-02-23 00:40
 Sasan Goodarzi – Chief Executive Officer Siti Panigrahi – Mizuho Michael Turrin – Wells Fargo Brent Thill – Jefferies Intuit Inc. (NASDAQ:INTU) Q2 2024 Earnings Conference Call February 22, 2024 4:30 PM ET Kim Watkins – Vice President-Investor Relations Conference Call Participants Brad Zelnick – Deutsche Bank Alex Zukin – Wolfe Research James Friedman – Susquehanna Mark Murphy – JPMorgan Scott Schneeberger – Oppenheimer Operator With that, IÂ'll now turn the call over to Kim Watkins, IntuitÂ's Vice Presi ...
Intuit (INTU) Q2 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-22 23:16
Intuit (INTU) came out with quarterly earnings of $2.63 per share, beating the Zacks Consensus Estimate of $2.29 per share. This compares to earnings of $2.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.85%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $1.98 per share when it actually produced earnings of $2.47, delivering a surprise of 24.75 ...
Intuit Introduces QuickBooks Solopreneur, an Easy-to-Use Financial Tool Built for One-Person Businesses
Businesswire· 2024-02-21 18:00
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Today, Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, introduced QuickBooks Solopreneur, a new product designed to meet the unique needs of one-person businesses. The comprehensive tool provides a number of easy-to-use features to help solopreneurs stay in control of their finances, create trackable goals, manage business expenses to stay tax-ready, and have the confidence to dr ...
Intuit(INTU) - 2024 Q2 - Quarterly Report
2024-02-21 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-Q ☑ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended January 31, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____________ to ____________ . Commission File Number 0-21180 INTUIT INC. (Exact name of registrant as speci ...
Intuit (INTU) to Report Q2 Earnings: What's in the Offing?
Zacks Investment Research· 2024-02-19 15:31
Intuit (INTU) is scheduled to report second-quarter fiscal 2024 results on Feb 22.The company projects year-over-year revenue growth of 11-12% to $3.362-$3.392 billion for the fiscal second quarter.The Zacks Consensus Estimate for revenues is pegged at $3.39 billion, indicating year-over-year growth of 11.36%.On a non-GAAP basis, Intuit anticipates earnings per share in the range of $2.25-$2.31. The consensus mark for earnings is pegged at $2.29 per share, suggesting a year-over-year rise of 4.09%.Intuit’s ...
Intuit (INTU) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-02-19 15:21
Analysts on Wall Street project that Intuit (INTU) will announce quarterly earnings of $2.29 per share in its forthcoming report, representing an increase of 4.1% year over year. Revenues are projected to reach $3.39 billion, increasing 11.4% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnings d ...
Intuit (INTU) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-02-15 23:56
In the latest market close, Intuit (INTU) reached $664.28, with a +1.09% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. At the same time, the Dow added 0.91%, and the tech-heavy Nasdaq gained 0.3%.Shares of the maker of TurboTax, QuickBooks and other accounting software witnessed a gain of 9.55% over the previous month, beating the performance of the Computer and Technology sector with its gain of 8.43% and the S&P 500's gain of 4.61%.The i ...
Intuit (INTU) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-02-08 23:56
Intuit (INTU) ended the recent trading session at $653.07, demonstrating a +1.54% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.06%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq added 0.24%.Coming into today, shares of the maker of TurboTax, QuickBooks and other accounting software had gained 5.66% in the past month. In that same time, the Computer and Technology sector gained 12.39%, while the S&P 500 gained 6.45%.The upcomi ...