234.99 -0.04 (-0.02%)
After hours: 6:35PM EST
|Bid||234.20 x 800|
|Ask||234.99 x 1000|
|Day's Range||232.99 - 236.76|
|52 Week Range||162.59 - 236.76|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||49.53|
|Earnings Date||Feb 21, 2019|
|Forward Dividend & Yield||1.88 (0.81%)|
|1y Target Est||231.94|
Accounting and tax software maker Intuit beat Wall Street's targets for its fiscal second quarter, but the company came up short with its guidance. Intuit stock fell in extended trading.
Intuit (INTU) delivered earnings and revenue surprises of 16.28% and 1.81%, respectively, for the quarter ended January 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Intuit Inc. rose more than 2% in the extended session Thursday after the company, which offers tax-preparation software and related services, beat Wall Street profit expectations for its fiscal second quarter, its second largest in terms of sales after its fiscal third quarter. Intuit said it earned $189 million, or 72 cents a share, in the quarter, compared with $183 million, or 70 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $1 a share, compared with 84 cents a year ago. Revenue rose 12% to $1.5 billion. Analysts polled by FactSet had expected adjusted earnings of 86 cents a share on sales of $1.5 billion. "With the tax season well underway, our focus is to deliver the best experiences to grow the do-it-yourself category, transform the assisted category and go beyond taxes to find ways to put more money in the pocket of our customers. I'm proud of the work our teams have done to drive an experience with TurboTax Live that gives customers confidence to file on their own," Chief Executive Sasan Goodarzi said in a statement. "We like what we're seeing at this stage." For the fiscal third quarter, the company said it expects revenue growth between 10% and 12% and non-GAAP EPS between $5.35 and $5.40.
MOUNTAIN VIEW, Calif. (AP) _ Intuit Inc. (INTU) on Thursday reported fiscal second-quarter net income of $189 million, after reporting a loss in the same period a year earlier. The results beat Wall Street expectations. For the current quarter ending in May, Intuit expects its per-share earnings to range from $5.35 to $5.40.
On Thursday, Feb. 21, Intuit (NASDAQ: INTU ) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release. Earnings and Revenue Based on management's ...
Tax prep software maker Intuit Inc. In this daily bar chart of INTU, below, we can see that prices have broken out to new highs this month. The shorter 50-day line is poised to cross above the 200-day line for what is commonly call a golden cross.
There are plenty of tax services to help ease the pain of filing income taxes. Here's our take on three of the biggest: H&R Block, TurboTax, and Jackson Hewitt.
With another government shutdown averted last week, some of the uncertainty around tax filings may be lessening — good news for Intuit Inc. (NASDAQ: INTU), the company behind TurboTax and QuickBooks. In a flash note to investors Tuesday, Guggenheim analyst Ken Wong pointed to the Internal Revenue Service's most recent weekly tax update, which this week showed an uptick in total tax filings received since the first week of February. Wong said the government shutdown may impact the “shape” of tax season, but shouldn't affect total filings on the year.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Intuit Inc. (NASDAQ:INTU) shareholders, and potential investors, need to understandRead More...
Intuit's (INTU) second-quarter fiscal 2019 results are likely to gain from the growing adoption of QuickBooks Online and TurboTax Live offering.
With the film industry’s biggest night just over a week away, Intuit QuickBooks today announced, “Giving Credit Where Credit is Due,” an extension of its ongoing “Backing You” campaign. QuickBooks is always looking for ways to spotlight those who power the economy and are the lifeblood of any business – often they are not the people on the front lines getting all the credit. This award season, QuickBooks turned the cameras on the people behind the scenes who make the movie magic possible and are celebrating their enormous contributions.
Here are nine dynamic companies with solutions that are revolutionizing payment processing, accounting, investing and other financial services. Intuit has also tried to demystify accounting in the age of the “gig economy,” allowing easy ways to log expenses and track mileage on mobile devices. It has more powerful cloud-based payroll solutions and business payments for lbusinesses of larger size.
Intuit (INTU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Major changes to the tax code created a lot of confusion for taxpayers, and the IRS hasn’t been able to adequately address the increased demand for information.
The acquisition will help Tel Aviv-based Fiverr portfolio to expand its subscription services for freelancers and independent contractors.
Ryan McQueeney is joined by Chad Parks, founder and CEO of Ubiquity Retirement + Savings, to discuss the intersection of technology, retirement planning, and small business.
Internet information providers like Facebook Inc. (FB) and Alphabet Inc. (GOOG) (GOOG), e-commerce giants led by Amazon.com Inc. (AMZN) and smartphone makers like Apple Inc. (AAPL), among others, tend to get all the praise. Warning! GuruFocus has detected 4 Warning Sign with INTU. While most investors will probably think of SAP SE (SAP) and Salesforce.com Inc. (CRM), Intuit Inc. (INTU) is one of the few players in the segment that has been flying under the radar.
This is the next animated story for Intuit’s 2019 brand campaign that showcases individuals’ paths to prosperity. ‘A Prosperity Story,’ introduces Luisa, an entrepreneur who grows up watching her self-employed father work to provide for his family as she pursues her passion for art and fashion.
Accounting and tax software maker Intuit, poised to gain market share in tax-preparation services this filing season, according to a survey, got a price-target hike.
Intuit Inc NASDAQ/NGS:INTUView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for INTU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting INTU. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding INTU totaled $12.10 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. INTU credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.