I saw yahoo Zack has estimate for Jan Q. is 0.95. Is it correct? By calculating with following:
tax rate 30%, common shares 47085 k. and keep same other income and cost expense as last Q. I got demanding revenue number as 177712 k, while the last Q, intu made 95958 k. This demands INTU 85.2% revenue growth compare the last Q, is it possible with such demanding from analyst ?
To be more practical, I think we have to derive the revenue model differences between this Q and last Q.
intuit is a very cyclical business. As a result, you can't compare the last Q to the upcoming quarter. It's like night and day. The next quarter will include all sales from their various TurboTax product line, a business that has been growing at 20% plus. Wonder if the new tax law will have a positive impact? Of course it will