Brace yourselves for the unveiling of Intuit’s (NASDAQ: INTU) fourth quarter financial results on Thursday 22nd August 2024. This eagerly awaited announcement will take place after market close.
As per the projections made by financial experts on Wall Street, the business is expected to announce an estimated $1.84 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $3.08 billion.
Analysts forecasting the company’s performance for this year have been made public. The estimated total revenue is about $16.19 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $16.83 per share.
When looking back at the corresponding quarter from the previous year, the company’s earnings report showcased a per-share income of $1.65. This was attributed to the company’s total revenue, which amounted to an impressive $2.71 billion during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $9.88 | +10.8% | 6.74 B | +11.9% |
| Q2 2024 | $2.63 | +19.5% | 3.39 B | +11.3% |
| Q1 2024 | $2.47 | +48.8% | 2.98 B | +14.7% |
| Q4 2023 | $1.65 | +50.0% | 2.71 B | +12.3% |
*Growth on year-over-year basis
The previous trading day saw Intuit (INTU) shares trading between $664.97 and $672.54, besides a volume of 1.26 million shares. The stock closed Wednesday’s regular trading session at $670.49, reflecting 0.48 percent increase.
