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INTU Intuit Inc

637.00
10.61 (1.69%)
27 Apr 2024 - Closed
Delayed by 15 minutes
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

Intuit's 3Q Earnings Outlook Beats Analysts' Expectations

23/02/2021 10:05pm

Dow Jones News


Intuit (NASDAQ:INTU)
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From Apr 2019 to Apr 2024

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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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