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News Breaks | | | | August 21, 2012 | | 10:46 EDT |  | INTU | Earnings Preview: Intuit Q4 should meet expectations
Intuit (INTU) is expected to report Q4 earnings after the market close on Tuesday, August 21, with a conference call scheduled for 5:00 pm ET. The consensus estimate is 6c for EPS and $652.54M for revenue, according to First Call. Intuit is expected to book a narrower loss than a year ago. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Guidance for Q4 EPS is 5c-7c on revenue of $647M-$662M. Goldman believes Intuit will meet its estimates, of 6c ex-ESO on revenue of $658M, as the company's ability to cross-sell and improve conversion rates drives execution in the SMB segment -- which is 67% of revenues -- in Q4. Goldman expects the initial guidance for FY13 to represent the biggest catalyst for the stock and anticipate an outlook, adjusted for discontinued operations, to be consistent with last year of up 9-11% year-over-year overall. Consensus for Q1: (8c) on $653.12M in revenue. Consensus for FY: $2.97 on $4.21B in revenue. | |
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News For INTU From The Last 14 Days Check below for free stories on INTU the last two weeks. |
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| May 17, 2013 | | 15:27 EDT |  | INTU | Intuit June volatility flat into Q3 and growth outlook
Intuit June call option implied volatility is at 23, July is at 22, January is at 21; compared to its 26-week average of 24 according to Track Data, suggesting decreasing price movement into the expected release Q3 results on May 21. | | | May 6, 2013 | | 10:04 EDT |  | INTU | On The Fly: Analyst Upgrade Summary
 Subscribe for More Information | | | 07:04 EDT | | INTU | Intuit upgraded to Overweight from Equal Weight at First Analysis
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