Intuit (INTU) PT Raised to $475 at Wolfe Research

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Go back to Intuit (INTU) PT Raised to $475 at Wolfe Research

Intuit (INTU) delivers earnings beat but misses on outlook; analyst says FY23 now de-risked

February 24, 2023 6:58 AM EST

Intuit (NASDAQ: INTU) reported better-than-expected FQ2 results but its shares still failed to stage a rally as the companys guidance missed the average analyst estimate.

Intuit reported an FQ2 EPS of $2.20 on revenue of $3 billion, beating the consensus for earnings of $1.47 per share on sales of $2.91B. Revenue jumped 14% year-over-year despite Credit Karma sales falling 16% to $375 million.

We had a strong second quarter as we... More