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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intuit Inc | NASDAQ:INTU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.61 | 1.69% | 637.00 | 636.55 | 641.00 | 640.13 | 626.59 | 627.07 | 1,192,497 | 01:00:00 |
By Kimberly Chin
Intuit Inc. expects third-quarter earnings to top analysts' forecast as the company enters the 2021 tax season.
The financial management tools company behind products like TurboTax, QuickBooks and Mint expects earnings between $5.85 and $5.95 a share for the current quarter. Analysts polled by FactSet were expecting $5.36 a share.
On an adjusted basis, it anticipates earnings in the range of $6.75 to $6.85, beating analysts' consensus estimates of $6.50 a share.
Intuit expects third-quarter revenue to rise by 53% to 55% year over year.
The company reaffirmed its fiscal year 2021 outlook.
Shares fell 3.5% after hours to $385.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
February 23, 2021 16:50 ET (21:50 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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