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Intuit (INTU) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
IntuitIntuit(US:INTU) ZACKSยท2025-05-22 23:00

Core Insights - Intuit reported revenue of $7.75 billion for the quarter ended April 2025, reflecting a 15.1% increase year-over-year and a surprise of +2.78% over the Zacks Consensus Estimate of $7.54 billion [1] - Earnings per share (EPS) reached $11.65, up from $9.88 in the same quarter last year, surpassing the consensus EPS estimate of $10.89 by +6.98% [1] Revenue Breakdown - Consumer net revenue was $4.05 billion, exceeding the average estimate of $3.97 billion, marking a +10.8% year-over-year change [4] - Global Business Solutions net revenue was $2.85 billion, slightly below the estimated $2.86 billion, but showed a +19.4% increase compared to the previous year [4] - Credit Karma generated $579 million in net revenue, significantly above the $430.66 million estimate, representing a +30.7% year-over-year growth [4] - ProTax net revenue was $278 million, surpassing the $273.84 million estimate, with a +9.5% year-over-year change [4] - Total Online Ecosystem revenue for Global Business Solutions was $2.10 billion, below the $2.14 billion estimate, but still reflecting a +19.9% increase year-over-year [4] - Desktop Ecosystem revenue for Global Business Solutions was $746 million, exceeding the $723.63 million estimate, with a +17.9% year-over-year change [4] - QuickBooks Online Accounting revenue was $1.04 billion, slightly below the $1.06 billion estimate, but showing a +21.4% year-over-year increase [4] - Desktop Services and Supplies revenue was $304 million, below the $309.72 million estimate, with a +2.7% year-over-year change [4] - Online Services revenue was $1.06 billion, slightly below the $1.08 billion estimate, reflecting an +18.5% year-over-year increase [4] - QuickBooks Desktop Accounting revenue was $442 million, exceeding the $411.32 million estimate, with a +31.2% year-over-year change [4] - Service revenue was $6.97 billion, surpassing the $6.67 billion estimate, marking a +15.3% year-over-year increase [4] - Product and other revenue was $783 million, above the $770.35 million estimate, with a +13.6% year-over-year change [4] Stock Performance - Intuit's shares have returned +10.7% over the past month, compared to the Zacks S&P 500 composite's +13.4% change, indicating a performance in line with the broader market [3]