Intuit Inc reports results for the quarter ended in October - Earnings Summary

Published on November 29, 2022 05:01 PM PST

Intuit Inc reports results for the quarter ended in October - Earnings Summary — Image source: ©2022 Kalkine Media®

* Intuit Inc reported quarterly adjusted earnings of $1.66 per share for the quarter ended in October. The mean expectation of twenty analysts for the quarter was for earnings of $1.22 per share. * Revenue rose 29.4% to $2.60 billion from a year ago; analysts expected $2.50 billion. * Intuit Inc's reported EPS for the quarter was 14 cents. * The mean earnings estimate of analysts had fallen by about 0.1% in the last three months. * In the last 30 days two analysts negatively revised earnings estimates * Intuit Inc shares had fallen by 0.4% this quarter and lost 40.0% so far this year. * The company reported quarterly net income of $40 million. * Wall Street's median 12-month price target for Intuit Inc is $500.00 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." This summary was machine generated from Refinitiv data November 30 at 01:01 a.m. All figures in US dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Oct. 31 2022 1.22 1.66 Beat Jul. 31 2022 0.98 1.10 Beat Apr. 30 2022 7.58 7.65 Beat Jan. 31 2022 1.85 1.55 Missed

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