Intuit(INTU)
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Intuit: A Mini-Microsoft In The Making?
Seeking Alpha· 2024-08-29 15:07
JHVEPhoto Investment thesis Intuit (NASDAQ:INTU) has the goal of becoming the operating system for small businesses, similar to Microsoft (MSFT), through its tax and financial solutions. I think it can achieve this goal as it is the largest player in the space. I, as well as analysts, project a bright future with healthy double-digit revenue and free cash flow growth over the next 5 years. While risks remain in the form of regulation and the company's customer base being subject to recessions, I like the co ...
Looking for Yield? 4 Stocks Announce Dividend Hikes
ZACKS· 2024-08-28 19:45
Wall Street has resumed its rally as investors are trying to move on from the panic selling earlier this month, sparked by recession fears. The recent rally is being fueled by a spate of positive economic data and the Federal Reserve's indication that rate cuts are on the horizon. However, inflation continues to be the biggest threat to the economy as it is still above the Fed's 2% target, which could keep markets volatile for a longer period. Given this situation, prudent investors seeking regular income a ...
Should You Invest in Intuit (INTU) Based on Bullish Wall Street Views?
ZACKS· 2024-08-26 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Intuit (INTU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Intuit currently has an average brokerage r ...
Intuit Stock Drops Sharply on Profit Concerns: Is It a Buy?
MarketBeat· 2024-08-26 13:06
Intuit Today INTU Intuit $619.00 -0.85 (-0.14%) 52-Week Range $473.56 ▼ $676.62 Dividend Yield 0.58% P/E Ratio 57.10 Price Target $716.35 Add to Watchlist On a day when stocks rallied on expectations of lower interest rates, Intuit Inc. NASDAQ: INTU was the biggest loser on the S&P 500. Shares of the financial services company known for the QuickBooks and TurboTax brands were down 6.8%. With the exception of a large dip in INTU stock after the company's first-quarter earnings report in May, the stock has be ...
Intuit Is Biggest S&P 500 Decliner After Surprise Loss, Soft Profit Outlook
Investopedia· 2024-08-23 18:21
Key Takeaways Intuit's fiscal 2025 first-quarter and full-year profit guidance fell short of expectations. The TurboTax and Credit Karma parent also reported a surprise loss in the fourth quarter. Intuit previously said it planned to replace employees it laid off with new staffers with a focus on AI in fiscal 2025. Intuit (INTU) is the S&P 500's worst performer Friday, a day after the company reported a surprise fourthquarter loss and a soft profit outlook. The TurboTax and Credit Karma parent sees fiscal 2 ...
Intuit (INTU) Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
ZACKS· 2024-08-23 14:10
Intuit (INTU) reported fiscal fourth-quarter 2024 non-GAAP earnings of $1.99 per share, which beat the Zacks Consensus Estimate by 6.99%. The bottom line jumped 21% from the year-ago quarter. Revenues of $3.18 billion beat the consensus mark by 3.23% and increased 17% year over year. Quarter Details Small Business and Self-Employed Group revenues (80.3% of total revenues) grew 20% year over year to $2.55 billion. Within the segment, total Online Ecosystem revenues climbed 18% year over year to $1.8 billion. ...
Intuit Beats Q4 Earnings: AI, Dividends, and a Growth Strategy
MarketBeat· 2024-08-23 13:19
Intuit Today | --- | --- | |-----------------------|-------| | | | | | INTU | | Intuit | | | $665.29 | | | -5.20 (-0.78%) | | | 52-Week Range $473.56 | | | ▼ | | | $676.62 | | | Dividend Yield 0.54% | | | P/E Ratio 61.37 | | | Price Target $691.77 | | Add to Watchlist Intuit Inc. NASDAQ: INTU is the financial technology powerhouse behind TurboTax, Credit Karma, QuickBooks, and Mailchimp. The company continues to demonstrate its dominance in the market with the release of Intuit's earnings report for the fou ...
Intuit Analysts Boost Their Forecasts After Upbeat Results
Benzinga· 2024-08-23 13:03
Intuit INTU reported better-than-expected fourth-quarter financial results and issued FY25 EPS guidance above estimates on Thursday. Also, the company approved a new $3 billion repurchase authorization. Intuit reported fourth-quarter revenue of $3.18 billion, beating the consensus estimate of $3.08 billion. The company reported adjusted earnings of $1.99 per share, beating analyst estimates of $1.84 per share, according to Benzinga Pro. "We delivered very strong results for the fourth quarter and full year, ...
INTU Stock Earnings: Intuit Beats EPS, Beats Revenue for Q4 2024
Investor Place· 2024-08-23 00:53
Intuit (NASDAQ:INTU) just reported results for the fourth quarter of 2024. Intuit reported earnings per share of $1.99. This was above the analyst estimate for EPS of $1.84. The company reported revenue of $3.18 billion. This was 3.38% better than the analyst estimate for revenue of $3.08 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, a ...
Intuit(INTU) - 2024 Q4 - Earnings Call Transcript
2024-08-23 00:03
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 ...