Intuit Revenue Up 12 Percent in Fiscal 2016

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Oppenheimer Raises Price Target on Intuit (INTU) to $116 Following 4Q Report

August 25, 2016 9:48 AM EDT

Oppenheimer reiterated an Outperform rating on Intuit (NASDAQ: INTU), and raised the price target to $116.00 (from $113.00), following the company's 4Q earnings report. QBO subscribers reached 1.513M as of 7/31/16 vs. guidance of 1.5M. Small Business Online Ecosystem revenue grew 25% y/y, primarily via online customer acquisition. INTU maintained... More

Brean Capital Raises Price Target on Intuit (INTU) to $135 Following Solid 4Q

August 24, 2016 10:19 AM EDT

Brean Capital reiterated a Buy rating on Intuit (NASDAQ: INTU), and raised the price target to $135.00 (from $130.00), following the company's 4Q earnings report. INTU reported modest revenue upside and QBO subscriber count, while showing strong margin leverage. Guidance for FY17 was relatively in-line. However, F1Q guidance was lower than Street estimates.

Analyst Yun Kim commented, "INTU reported solid F4Q results, driven by steady business... More

Oppenheimer Remains Bullish on Intuit (INTU) Following 4Q Report

August 24, 2016 10:07 AM EDT

Oppenheimer reiterated an Outperform rating and $113.00 price target on Intuit (NASDAQ: INTU) following the company's 4Q earnings report. INTU reported EPS of $0.08, ahead of the Street's estimates for a loss of ($0.02). Although F1Q17 was guided below our/Street estimates, this was largely attributed to... More

Intuit (INTU) Tops Q4 EPS by 10c; Guides Q1 EPS, Revenue Below Views

August 23, 2016 4:01 PM EDT

Intuit (NASDAQ: INTU) reported Q4 EPS of $0.08, $0.10 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $754 million versus the consensus estimate of $733.2 million.

GUIDANCE:

Intuit sees Q1 2017 EPS of $0.01-$0.03, versus the consensus of $0.13. Intuit sees Q1... More