Intuit Inc reports results for the quarter ended January 31 - Earnings Summary

Reuters
02-26
Intuit Inc reports results for the quarter ended January 31 - Earnings Summary
  • Intuit Inc INTU.OQ reported quarterly adjusted earnings of $3.32​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $2.63. The mean expectation of twenty four analysts for the quarter was for earnings of $2.58 per share. Wall Street expected results to range from $2.56 to $2.60 per share.

  • Revenue rose 17% to $3.96 billion from a year ago; analysts expected $3.83 billion.

  • Intuit Inc's reported EPS for the quarter was $1.67​.

  • The company reported quarterly net income of $471 million.

  • Intuit Inc shares had fallen by 9.7% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for Intuit Inc is $750.00

This summary was machine generated from LSEG data February 25 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jan. 31 2025

2.58

3.32

Beat

Oct. 31 2024

2.35

2.50

Beat

Jul. 31 2024

1.84

1.99

Beat

Apr. 30 2024

9.37

9.88

Beat

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