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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 6.99%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $9.34 per share when it actually produced earnings of $9.88, delivering a surprise of 5.78%. ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Intuit (INTU) is scheduled to report fourth-quarter fiscal 2024 results on Aug 22. For the fourth quarter of fiscal 2024, INTU expects revenues to grow between 13% and 14% on a year-overyear basis to the band of $3.063-$3.099 billion. The Zacks Consensus Estimate for revenues is pegged at $3.08 billion, indicating year-over-year growth of 13.73%. On a non-GAAP basis, Intuit anticipates earnings per share in the range of $1.8-$1.85. The consensus mark for earnings is pegged at $1.86 per share, suggesting a y ...

JHVEPhoto With a market capitalization of nearly $183 billion, Intuit (NASDAQ:INTU) is one of the largest businesses on the planet. The company has achieved this massive size by generating strong cash flows off of a large amount of revenue. But that's not all. Despite its size, it still manages to grow at a rather rapid pace. Of course, such quality and stability do not come cheap. When I last wrote about the company approximately one year ago in August 2023, I pointed out how expensive shares were. Even th ...

In its upcoming report, Intuit (INTU) is predicted by Wall Street analysts to post quarterly earnings of $1.86 per share, reflecting an increase of 12.7% compared to the same period last year. Revenues are forecasted to be $3.08 billion, representing a year-over-year increase of 13.7%. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company reve ...

Intuit (INTU) closed at $636.74 in the latest trading session, marking a -1.41% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.38%. Meanwhile, the Dow gained 0.61%, and the Nasdaq, a tech-heavy index, added 0.03%. The maker of TurboTax, QuickBooks and other accounting software's shares have seen a decrease of 3.05% over the last month, surpassing the Computer and Technology sector's loss of 7.5% and the S&P 500's loss of 3.2%. Analysts and investors alike will be ...

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. Weiss noted that investors have historically been willing to pay a premium multiple for Intuit, given its lack of cyclicality and near-monopoly status in its key segments. The analyst said Intuit's revenue has become more volatile since the introduction of Credit Karma and Mailchimp. Furthermore, Weiss noted that the cu ...

The most recent trading session ended with Intuit (INTU) standing at $637.82, reflecting a -1.47% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.37% loss on the day. Elsewhere, the Dow lost 1.21%, while the tech-heavy Nasdaq lost 2.3%. The maker of TurboTax, QuickBooks and other accounting software's shares have seen a decrease of 1.9% over the last month, surpassing the Computer and Technology sector's loss of 2.84% and falling behind the S&P 500's gain of 1.11%. The inv ...

These fintech leaders are built to deliver strong performance for the long haul. Fintech is a high-growth industry that's evolving rapidly. Businesses and consumers are embracing innovative solutions to numerous problems and inefficiencies, and the companies that provide the best solutions are primed to deliver impressive returns to shareholders. These three fintech stocks are standout leaders with competitive advantages and strong growth prospects. 1. Block Block (SQ 3.38%) is a fintech powerhouse, but it ...

Zacks Premium also includes the Zacks Style Scores. The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. What are the Zacks Style Scores? Growth Score While good value is important, growth investors are more focused on a company's financial strength and health, and ...