Markets INTU

Intuit Backs Q1, Annual Outlook

(RTTNews) - Intuit Inc. (INTU), a financial technology platform, on Thursday reaffirmed its first-quarter and annual outlook.

For the three-month period to October 31, the company still anticipates net earnings per share (EPS) of $1.19 to $1.26, with adjusted EPS of $3.05 to $3.12 per share. On average, 24 analysts polled, forecast INTU to post EPS of $3.09 for the first quarter. Analysts' estimates typically exclude special items.

For the first quarter, the company continues to project a year-on-year revenue growth of around 14% to 15%.

For fiscal 2026, Intuit continues to expect net EPS of $15.49 to $15.69, up around 13% to 15% from last year. Excluding items, EPS is still anticipated to be in the range of $22.98 to $23.18, up approximately 14% to 15% from the previous year.

Intuit still projects full-year revenue of $20.997 billion to $21.186 billion, up around 12% to 13% from last year.

Analysts, on average, forecast the company to post EPS of $23.17, on revenue of $21.16 billion for fiscal 2026.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available