Intuit Inc

NASDAQ:INTU  
417.99
+17.24 (+4.30%)
4:31:12 PM EDT: $416.29 -1.70 (-0.41%)
Positive Earnings Pre-Announcement

Intuit Reports Third Quarter Results And Raises Full Year Revenue And Operating Income Guidance

Published: 05/24/2022 20:41 GMT
Intuit Inc (INTU) - Intuit Reports Third Quarter Results and Raises Full Year Revenue and Operating Income Guidance.
Turbotax Live Revenue Expected to Grow Approximately 30 Percent to $1 Billion in Fiscal 2022.
Q3 Revenue Rose 35 Percent to $5.6 Billion.
Qtrly Earnings per Share $6.28.
Qtrly Adjusted Earnings per Share $7.65.
Sees FY Revenue of $12.633 Billion to $12.674 Billion.
Sees FY GAAP Diluted Earnings per Share of $6.95 to $7.01.
Sees FY Non-GAAP Diluted Earnings per Share of $11.68 to $11.74.
Intuit - Updated FY Guidance Includes One-time $141 Million Charge Related to Co's Settlement With 50 State Attorneys General and District of Columbia.
Excluding Mailchimp, Sees FY Revenue Growth of 23 to 24 Percent.
Sees Q4 GAAP Loss per Share $0.47 to $0.53.
Sees Q4 Non-GAAP Earnings per Share $0.94 to $1.00.
Sees Q4 Revenue to Decline Approximately 8 to 9 Percent.
Q3 Earnings per Share View $7.58, Revenue View $5.51 Billion -- Refinitiv Ibes Data (analyst estimates).
Q4 Earnings per Share View $0.96, Revenue View $2.11 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $11.66, Revenue View $12.32 Billion -- Refinitiv Ibes Data (analyst estimates).
Greg Johnson, General Manager of Consumer Group, Will Be Stepping Down From Role on May 31, 2022 to Become CEO of Mcafee.
Revenue is expected to be $2.34 Billion
Adjusted EPS is expected to be $1.06

Next Quarter Revenue Guidance is expected to be $2.55 Billion
Next Quarter EPS Guidance is expected to be $1.87

More details on our Analysts Page.