finance
Intuit Reports Third-Quarter Revenue and Earnings Above Estimates
Intuit posted third-quarter revenue of $8.56 billion and adjusted earnings of $12.80 per share. The company also issued guidance for the fourth quarter.
May 21, 11:49 AM·1m read1 source
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Intuit Inc. 53 billion. 28 per share expected by analysts.
Intuit guided for fiscal fourth-quarter revenue growth of approximately 11% to 12%. The company anticipates fourth-quarter adjusted earnings per share in a range that reflects continued investment in growth initiatives.
Intuit's proprietary data, domain-specific AI platform capabilities, and AI-powered human expertise is setting the standard for trusted financial intelligence," said Sasan Goodarzi, CEO of Intuit. " Some analysts lowered their price targets on the stock following the results.
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