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Intuit stock rises after tax software company beats profit forecasts

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Intuit said it earned $189 million, or 72 cents a share, in the quarter, compared with $183 million, or 70 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $1 a share, compared with 84 cents a year ago. Revenue rose 12% to $1.5 billion. Analysts polled by FactSet had expected adjusted earnings of 86 cents a share on sales of $1.5 billion.

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https://www.marketwatch.com/story/intuit...latestnews

heute dann mit +6,8% aus dem markt...

Intuit (INTU) Q3 Earnings and Revenues Top Estimates, Up Y/Y

Intuit Inc. INTU reported impressive third-quarter fiscal 2019 results. Its non-GAAP earnings came in at $5.55 per share, surpassing the Zacks Consensus Estimate of $5.39. The figure also increased 15% on a year-over-year basis. Moreover, the metric exceeded management’s guided range for earnings of $5.35-$5.40 per share.

This tax preparation-related software maker’s revenues grossed $3.27 billion, up 12% from the year-ago quarter. The top line narrowly outpaced the consensus estimate of $3.26 billion. A healthy tax season was the key growth driver. Strong momentum in online ecosystem was also a tailwind.

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https://finance.yahoo.com/news/intuit-in...06999.html

Intuit Fourth Quarter Revenue Up 15 Percent, Full Year Up 13 Percent

https://finance.yahoo.com/news/intuit-fo...00017.html

Intuit (INTU) Q4 Earnings and Revenues Beat Estimates

Intuit (INTU) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 49.59%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $4.47 per share when it actually produced earnings of $4.49, delivering a surprise of 0.45%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Intuit, which belongs to the Zacks Computer - Software industry, posted revenues of $1.82 billion for the quarter ended July 2020, surpassing the Zacks Consensus Estimate by 15.60%. This compares to year-ago revenues of $994 million.


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https://finance.yahoo.com/news/intuit-in...09111.html

Intuit Stock Jumps As Financial Software Firm Crushes Earnings Targets

https://www.investors.com/news/technolog...s-targets/

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