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Intuit Reports Earnings Surpassing Expectations, Revenue Below Forecast

Intuit (NASDAQ: INTU) reported third quarter earnings that beat analyst estimates by $0.43. Revenue for the quarter came in at $6.02B, slightly below the consensus estimate of $6.09B. The company provided guidance for Q4 2023 EPS of $1.43-$1.48 versus the analyst consensus of $1.51, and FY 2023 EPS of $14.20-$14.25 versus the analyst consensus of $13.83. Intuit’s stock price closed at $449.80, up 7.14% in the last 3 months and 25.30% in the last 12 months. According to InvestingPro, Intuit’s Financial Health score is “good performance”. Investors can stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar.