U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining by more than 350 points on Friday.The Dow traded up 0.82% to 44,228.50 while the NASDAQ rose 0.14% to 18,998.27. The S&P 500 also rose, gaining, 0.31% to 5,966.91.Check This Out: Top 3 Materials Stocks That Could Blast Off In NovemberLeading and Lagging SectorsConsumer staples shares rose by 1.5% on Friday.In trading on Friday, communication services shares fell by 0.6%.Top HeadlineShares of Intuit Inc INTU fell over 5% on ...

Key TakeawaysIntuit shares tumbled Friday, a day after the company issued a current-quarter forecast that missed estimates.However, analysts were bullish on the stock, suggesting the weaker-than-expected outlook could reflect early marketing spend, which could drive later growth.The TurboTax parent said it has had discussions with the incoming Trump administration about reports of plans to launch a competing free tax-filing app. Intuit (INTU) shares tumbled Friday after the company issued a current-quarter ...

Intuit Inc INTU shares tanked in early trading on Friday, even after the company reported upbeat fiscal first-quarter results.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.Goldman Sachs analyst Kash Rangan maintained a Buy rating while raising the price target from $765 to $800.Stifel analyst Brad Reback reiterated a Buy rating while reducing the price target from $795 to $725.Oppenheimer analyst Scott Schneeberger reaffirmed an Outperform rating whil ...

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Intuit (INTU) reported first-quarter fiscal 2025 non-GAAP earnings of $2.5 per share, which beat the Zacks Consensus Estimate by 5.93%. The bottom line jumped 1.2% from the year-ago quarter.Intuit’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 13.09%.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.Revenues of $3.28 billion beat the consensus mark by 4.58% and increased 10% year over year.Quarter DetailsGlobal Bu ...

U.S. stock futures were lower this morning, with the Dow futures falling more than 100 points on Friday's.Shares of Intuit Inc. INTU fell sharply in today's pre-market trading. Intuit reported upbeat results for its first-quarter results, but issued weak forecast for the current quarter.The company reported quarterly earnings of $2.50 per share, which beat the analyst consensus estimate of $2.35 per share. Quarterly revenue came in at $3.28 billion which beat the consensus estimate of $3.14 billion.Intuit s ...

Intuit Inc. (NASDAQ:INTU) Q1 2025 Earnings Call Transcript November 21, 2024 4:30 PM ET Company Participants Kim Watkins - VP of IR Sasan Goodarzi - CEO Sandeep Aujla - CFO Conference Call Participants Brad Zelnick - Deutsche Bank Keith Weiss - Morgan Stanley Siti Panigrahi - Mizuho Scott Schneeberger - Oppenheimer Raimo Lenschow - Barclays Taylor McGinnis - UBS Michael Turrin - Wells Fargo Securities Alex Zukin - Wolfe Research Brad Reback - Stifel Brent Thill - Jefferies Mark Murphy - JPMorgan Operator Go ...

All artificial intelligence (AI) systems are software, but not all software is AI.At least, not yet. Embracing the AI-ification of everything was the theme of accounting and tax software provider Intuit Inc.’s Q1 2025 earnings call on Thursday (Nov. 21), where executives highlighted the success of the company’s AI-driven strategy.“We’ve had a strong start to the year as we demonstrate the power of Intuit’s AI-driven expert platform strategy. By delivering ‘done-for-you’ experiences, enabled by AI with acces ...

For the quarter ended October 2024, Intuit (INTU) reported revenue of $3.28 billion, up 10.2% over the same period last year. EPS came in at $2.50, compared to $2.47 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.14 billion, representing a surprise of +4.58%. The company delivered an EPS surprise of +5.93%, with the consensus EPS estimate being $2.36.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.93%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $1.86 per share when it actually produced earnings of $1.99, delivering a surprise of 6.99%. ...