New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 15, 2012
13:44 EDTINTUEarnings Preview: Intuit should report Q1 in-line with expectations
Intuit (INTU) is expected to report Q1 earnings after the market close on Thursday, November 15, with a conference call scheduled for 4:30 pm ET. The consensus estimate is (6c) for EPS and $639.22M for revenue, according to First Call. The company missed estimates last quarter after beating forecasts in the prior two. For Q1, the company expects revenues in the range of $630M-$640M. The non-GAAP operating loss is estimated to be in the $20M-$25M range. The company also expects non-GAAP EPS (6c)-(7c). Most of the analysts are of the opinion that Intuit will likely report as per its guidance. Though tax-related revenues will likely lack luster, analysts expect financial management and payroll segments to perform steadily. They also expect the small and medium business (SMB) segment to witness decent improvements stemming from good payroll business. Over the years, Intuit has posted losses in Q4 and Q1 due to seasonality. Its QuickBooks, Consumer Tax and Accounting Professionals revenues tend to be lowest during those quarters. Key issues on the call will be further details or re-affirmation of FY13 guidance, momentum in connected services, progress with Demandforce and any commentary on recent initiatives in tapping international markets. On its last earnings call, management said it was "optimistic about long-term growth opportunities." Guidance provided for FY13 adjusted EPS was $3.32-$3.38, on revenue of $4.55B-$4.65B. Intuit expects the following revenue growth by segment for FY13: Small Business Group: 15%-17%, Consumer Tax: 8%-10%, Accounting Professionals: 5%-8%, Financial Services: 6%-9%, and Other Businesses: 0%-4%. The company sees FY13 capex of $165M-$185M.
News For INTU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 23, 2015
18:59 EDTINTUIntuit refutes allegations about security practices
Subscribe for More Information
February 20, 2015
16:48 EDTINTUDow, S&P 500 finish week at record highs after Greek deal reached
Subscribe for More Information
12:49 EDTINTUOn The Fly: Midday Wrap
Subscribe for More Information
10:20 EDTINTUHigh option volume stocks
Subscribe for More Information
06:36 EDTINTUIntuit CFO says fraud did not result from breach of company's systems
Subscribe for More Information
February 19, 2015
18:19 EDTINTUOn The Fly: After Hours Movers
Subscribe for More Information
16:11 EDTINTUIntuit says year to date through Feb.14 sales of TurboTax Online units grew 19%
Subscribe for More Information
16:09 EDTINTUIntuit sees Q4 EPS (6c)-(8c)
Subscribe for More Information
16:07 EDTINTUIntuit reports Q2 total QuickBooks Online subscribers 841K
Added more than 100,000 QuickBooks Online subscribers versus the previous quarter, bringing total paying subscribers worldwide to 841,000. Increased total TurboTax units 11 percent through Feb. 14, versus the comparable prior-year period. Completed two acquisitions, Acrede and ZeroPaper, to help fuel QuickBooks Online ecosystem international growth. Launched QuickBooks Self-Employed, designed specifically for the rapidly expanding population of freelancers and independent contractors.
16:05 EDTINTUIntuit backs FY15 adjusted EPS view $2.45-$2.50, consensus $2.47
Subscribe for More Information
16:03 EDTINTUIntuit sees Q3 adjusted EPS $2.70-$2.75, consensus $2.88
Subscribe for More Information
16:01 EDTINTUIntuit reports Q2 EPS (6c), consensus (13c)
Subscribe for More Information
15:32 EDTINTUNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Public Storage (PSA), consensus $2.19... Intuit (INTU), consensus (13c)... Consolidated Edison (ED), consensus 55c... Nordstrom (JWN), consensus $1.35... Mohawk Industries (MHK), consensus $2.21... Newmont Mining (NEM), consensus 10c... Frontier Communications (FTR), consensus 5c... Brocade Communications (BRCD), consensus 24c... Bruker (BRKR), consensus 29c... Rovi (ROVI), consensus 41c... Marvell Technology (MRVL), consensus 24c... MRC Global (MRC), consensus 46c... Equinix (EQIX), consensus $1.03.
14:44 EDTINTUIntuit technical comments before earnings
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use