Intuit Inc. (NASDAQ:INTU) is set to announce fourth quarter earning results on Tuesday 25th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, INTU to report 4Q20 income of $ 1.05 per share.
For the full year, analysts anticipate top line of $ 7417.29 million, while looking forward to income of $ 7.11 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 7,440.00 million ~ $ 7,540.00 million, where as bottomline are predicted in a range of $ 7.50 ~ $ 7.60 per share
Click Here For More Historical Outlooks Of Intuit Inc.
Previous Quarter Performance
Intuit Inc. outlined income for the third quarter of $ 4.49 per share, from the revenue of $ 3,002.00 million. The quarterly earnings contracted 19.10 percent compared with the same quarter last year. Street analysts expected Intuit Inc. to report income of $ 5.48 per share on revenue of $ 3344.84 million for the third quarter. The bottom line results missed street analysts by $ 0.99 or 18.07 percent, at the same time, top line results fell short of analysts by $ 342.84 million or 10.25 percent.
Stock Performance
Shares of Intuit Inc. traded high $ 10.89 or 3.38 percent on Monday, reaching $ 333.12 with volume of 2.09 million shares. Intuit Inc. has traded high as $ 334.03 and has cracked $ 324.68 on the downward trend
According to the previous trading day, closing price of $ 333.12, representing a 71.69 % increase from the 52 week low of $ 187.68 and a 3.53 % decrease over the 52 week high of $ 334.03.
The company has a market capital of $ 86.87 billion and is part of the Technology sector and Software – Application industry.
Recent Stock Dividend Announcement
On May 21, 2020, the board of directors authorized quarterly dividend of $ 0.53 per share to holders of record as of the close of business on July 10, 2020, with payment date of July 20, 2020 and ex-dividend date on July 9, 2020.
Conference Call
Intuit Inc. will be hosting a conference call at 4:30 PM eastern time on 25th August 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 844-246-4601 Toll Free, (United States) or 703-639-1172 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website investors.intuit.com/events-and-presentations/default.aspx
Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in three segments: Small Business & Self-Employed, Consumer, and Strategic Partner.
