6/24/2023 0 Comments Best market watch websiteIntuit also raised its adjusted EPS guidance for the year, to between $14.20 and $14.25, which would represent growth of about 20%, up from a prior outlook of growth of 15% to 17%. The company guided for fiscal 2023 revenue of $14.279 billion to $14.317 billion, which would represent growth of about 12% to 13%, up from a previous guidance for growth of 10% to 12%. FactSet consensus called for adjusted earnings of $8.48 a share on sales of $6.09 billion. Adjusted for one-time items, Intuit earned $8.92 a share. Intuit earned $2.09 billion, or $7.38 a share, in the quarter, compared with $1.79 billion, or $6.28 a share, in the year-ago quarter. INTU dropped more than 5% in the extended session Tuesday after the parent of Turbo Tax and other tax and accountancy software narrowly missed quarterly FactSet revenue expectations but posted higher-than-expected adjusted profit and also raised guidance for its fiscal year. Turbo Tax parent Intuit reports a narrow revenue miss, raises guidance for the year Peloton Launches New App, Says It's More Than a Bike BrandĮlon Musk suggests Twitter’s headquarters may not stay in San Francisco Here’s how many extra dollars homeowners will pay each month. ‘Buckle in’: The 30-year mortgage rate is back above 7%. Trump complains as criminal trial over hush-money payment is set for March 2024īlackRock’s Rick Rieder sees ‘epic’ cash on sidelines as he takes lead role on new ETF Toll Brothers says homebuyer appetites are improving, and shortage of houses will keep benefiting industry Palo Alto Networks, software industry to undergo AI ‘transformation’ over next 12 months, CEO says Should I remove her from our $70 family phone plan? ‘We grew up in a tumultuous household’: My sister blocked my number. Surgeon General Warns of Social Media Risk to Youth Target removes some LGBTQ merchandise from stores ahead of Pride month after threats to workers
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