23.05.2024 22:21:07 - dpa-AFX: Intuit Inc. Q3 Profit Increases, Beats Estimates

MOUNTAIN VIEW (dpa-AFX) - Intuit Inc. (INTU) reported a profit for its
third quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $2.39 billion, or $8.42 per share. This
compares with $2.09 billion, or $7.38 per share, in last year's third quarter.

Excluding items, Intuit Inc. reported adjusted earnings of $2.8 billion or
$9.88 per share for the period.

Analysts on average had expected the company to earn $9.37 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 11.8% to $6.73 billion from $6.02
billion last year.

Intuit Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $2.39 Bln. vs. $2.09 Bln. last year.
-EPS (Q3): $8.42 vs. $7.38 last year.
-Revenue (Q3): $6.73 Bln vs. $6.02 Bln last year.

-Guidance:
Next quarter revenue guidance: $3.06-$3.09 Billion
Full year EPS guidance: $10.78-$10.83
Full year revenue guidance: $16.16-$16.2 Billion


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Intuit 886053 NASDAQ 595,700 14.06.24 23:26:57 +1,080 +0,18% 583,630 599,950 598,400 595,700

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