Stay Ahead of the Game With Intuit (INTU) Q1 Earnings: Wall Street's Insights on Key Metrics

Core Insights - Analysts project Intuit (INTU) will report quarterly earnings of $3.10 per share, a 24% increase year over year, with revenues expected to reach $3.76 billion, reflecting a 14.6% increase from the same quarter last year [1] Revenue Projections - 'Net revenue- Global Business Solutions' is projected to be $2.95 billion, indicating a year-over-year change of +16% [4] - 'Net revenue- Global Business Solutions- Total Online Ecosystem' is estimated at $2.28 billion, with a year-over-year change of +17.5% [4] - 'Net revenue- Service' is expected to reach $3.04 billion, suggesting a change of +5.3% year over year [4] - 'Net revenue- Global Business Solutions Total Desktop Ecosystem' is likely to be $673.98 million, reflecting a +12.1% change from the year-ago quarter [5] - 'Net revenue- Product and other' is projected at $721.47 million, indicating a year-over-year change of +83.1% [5] - 'Net revenue- Credit Karma' is forecasted to be $570.60 million, with a change of +8.9% from the year-ago quarter [6] - 'Net revenue- ProTax' is estimated at $40.12 million, suggesting a +2.9% change from the prior-year quarter [6] - 'Net revenue- Consumer' is expected to arrive at $189.71 million, indicating a +7.8% change from the prior-year quarter [6] - 'Net revenue- Global Business Solutions Online Ecosystem- QuickBooks Online Accounting' is projected at $1.15 billion, reflecting a +19.2% change from the prior-year quarter [7] - 'Net revenue- Global Business Solutions- Online Ecosystem- Online Services' is expected to reach $1.12 billion, indicating a year-over-year change of +14.1% [7] - 'Net revenue- Global Business Solutions- Desktop Ecosystem- QuickBooks Desktop Accounting' is forecasted at $399.88 million, suggesting a +35.1% change year over year [8] - 'Net revenue- Global Business Solutions- Desktop Ecosystem- Desktop Services and Supplies' is projected to be $306.05 million, indicating a change of +0.3% from the prior-year quarter [8] Stock Performance - Over the past month, Intuit shares have returned +0.2%, compared to the Zacks S&P 500 composite's +1.5% change, with a current Zacks Rank 3 (Hold), suggesting performance may align with the overall market in the near future [9]