Intuit (INTU) Tops Q3 EPS by 50c, Updates Guidance

Intuit (NASDAQ: INTU) reported Q3 EPS of $9.88, $0.50 better than the analyst estimate of $9.38. Revenue for the quarter came in at $6.74 billion versus the consensus estimate of $6.65 billion.

GUIDANCE:

Intuit sees FY2024 EPS of $16.79-$16.84, versus the consensus of $16.42. Intuit sees FY2024 revenue of $16.16-16.2 billion, versus the consensus of $16.05 billion.

Intuit announced guidance for the fourth quarter of fiscal year 2024, which ends July 31. The company expects:

• Revenue of $3.063 billion to $3.099 billion, growth of approximately 13 to 14 percent.
• GAAP diluted earnings per share of $0.25 to $0.30.
• Non-GAAP diluted earnings per share of $1.80 to $1.85.

For earnings history and earnings-related data on Intuit (INTU) click here.

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