30 November 2022 01:01 a.m. All figures in US dollars. The profits announced by Intuit Inc in the first quarter were higher than the Refinitiv mean estimate of profits. The company reported profits of $1.66 per share, 13 cents higher than the same quarter last year when the company reported EPS of $1.53. Profits of $1.22 per share were anticipated by the nineteen analysts providing estimates for the quarter. Wall Street expected results to range from $1.14 to $1.72 per share, with a forecasted mean of $1.22 per share. The company reported revenue of $2.60 billion, which is higher than the estimated $2.5 billion. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the financial technology (fintech) peer group is also "Buy". FORECAST CHANGES * Twenty analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was a gain of four new estimates. YEAR OVER YEAR * The company reported an increase in revenue to $2.6 billion from $2.01 billion in the same quarter last year. * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jul. 31 2022 0.98 1.10 Beat Apr. 30 2022 7.58 7.65 Beat Jan. 31 2022 1.85 1.55 Missed Oct. 31 2021 0.97 1.53 Beat This summary was machine generated from Refinitiv data November 30 at 01:01 a.m.
