Intuit Reports Strong Fourth Quarter and Full Year Results; Sets Fiscal 2024 Guidance
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Intuit (INTU) PT Raised to $595 at Goldman Sachs
August 25, 2023 4:38 AM EDTGoldman Sachs analyst Kash Rangan raised the price target on Intuit (NASDAQ: INTU) to $595.00 (from $565.00) while maintaining a Buy rating.
The analyst comments "INTU is -2% despite outperforming key metrics (Revenue, Operating Margin, and EPS) all besting Consensus (FactSet) by 3%/+130bps/15%, driven by Credit Karma (+7.5% vs FactSet). Investors are likely contemplating the choppiness of payments growth (+22% vs... More
Intuit (INTU) PT Raised to $530 at Evercore ISI, 'Strong Finish To FY23 In Small Business'
August 25, 2023 4:36 AM EDTEvercore ISI analyst Kirk Materne raised the price target on Intuit (NASDAQ: INTU) to $530.00 (from $505.00) while maintaining a Outperform rating.
The analyst comments "The set up into the F4Q results was tricky as beyond having to deliver solid F4Q results (which INTU did), if the company left the FY24 tax guidance at ~10% for FY24, there would have been a ton... More
Intuit (INTU) Tops Q4 EPS by 22c, Offers Guidance
August 24, 2023 4:02 PM EDTIntuit (NASDAQ: INTU) reported Q4 EPS of $1.65, $0.22 better than the analyst estimate of $1.43. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.64 billion.
GUIDANCE:
Intuit sees Q1 2024 EPS of $1.94-$2.00, versus the consensus of... More
