Intuit (INTU) Tops Q4 EPS by 3c, Offers Guidance
Intuit (NASDAQ: INTU) reported Q4 EPS of $0.20, $0.03 better than the analyst estimate of $0.17. Revenue for the quarter came in at $842 million versus the consensus estimate of $804.62 million.
Forward-looking Guidance
Intuit announced guidance for the first quarter of fiscal year 2018, which ends Oct. 31. The company expects:
Intuit also announced guidance for full fiscal year 2018. The company expects:
The company expects the following segment revenue results for fiscal year 2018:
"Our outlook for next year is building on the foundation for our next chapter of growth powered by our ecosystem strategy. It capitalizes on millions of customers with vast amounts of data matched with our technology and machine learning capabilities. As each customer enters the Intuit ecosystem, the value increases for everyone. It's the power of many for the prosperity of one," said Smith.
(Street sees FY EPS of $5.03 an Q1 EPS of $0.11)
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