Bill Oxford/iStock Unreleased via Getty Images Introduction It's time to talk about one of the biggest compounders on the stock market. Intuit Inc. (NASDAQ:INTU) has returned 17.6% per year since August 2003, as proven by the chart below. FAST Graphs - INTU Stock Price Compounding wealth at 17.6% annually would have turned a $10 thousand investment into $256 thousand within 20 years! My most recent article on the stock was written on July 17, 2023, when I called the company a "Tech Investor's Dream." Since ...

TurboTax's Intuit Is the Worst S&P 500's Worst Performer Friday. Analysts Still Like the Stock. ...

Key Takeaways Shares of Intuit (INTU) dropped close to 8% in intraday trading Friday as the provider of financial and other software warned it will lose 1 million customers who use the free version of its TurboTax tax filing program. Intuit said that it expects those who pay nothing to use TurboTax will decline to over 10 million users in fiscal 2024, down from over 11 million in fiscal 2023. It projects total TurboTax units falling 1% because of "share loss with pay-nothing and lower average revenue per re ...

Intuit (INTU) reported fiscal third-quarter 2024 non-GAAP earnings of $9.88 per share, which beat the Zacks Consensus Estimate by 5.78%. The bottom line jumped 11% from the year-ago quarter. Revenues of $6.73 billion beat the consensus mark by 1.54% and increased 12% year over year. Quarter Details Small Business and Self-Employed Group revenues (35.4% of total revenues) grew 18% year over year to $2.38 billion. Within the segment, total Online Ecosystem revenues climbed 19% year over year to $1.8 billion. ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Intuit (INTU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Check price target & stock forecast for Intuit here>>> While th ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Intuit Inc. (NASDAQ:INTU) Q3 2024 Earnings Call Transcript May 23, 2024 4:30 PM ET Company Participants Kim Watkins - VP of IR Sasan Goodarzi - CEO Sandeep Aujla - CFO Conference Call Participants Keith Weiss - Morgan Stanley Daniel Jester - BMO Capital Markets Siti Panigrahi - Mizuho Alex Markgraff - KeyBanc Capital Markets Kirk Materne - Evercore ISI Kash Rangan - Goldman Sachs Brad Reback - Stifel Brad Zelnick - Deutsche Bank Steve Enders - Citi Brad Sills - Bank of America Scott Schneeberger - Oppenheim ...

Small businesses are the heart and soul of America's Main Street. But it can be hard to get a pulse check on how they are doing, given today's dynamic operating environment as well as the sheer variety and volume of small businesses out there — taken together, they make up 40% of the U.S. economy and represent 99.9% of all American businesses. Still, Intuit, which offers tax preparation software and other tools for small businesses to manage finances, including TurboTax, QuickBooks, Credit Karma and Mailchi ...

Intuit (INTU) reported $6.74 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 12%. EPS of $9.88 for the same period compares to $8.92 a year ago. The reported revenue represents a surprise of +1.54% over the Zacks Consensus Estimate of $6.63 billion. With the consensus EPS estimate being $9.34, the EPS surprise was +5.78%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

Intuit (INTU) came out with quarterly earnings of $9.88 per share, beating the Zacks Consensus Estimate of $9.34 per share. This compares to earnings of $8.92 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 5.78%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $2.29 per share when it actually produced earnings of $2.63, delivering a surprise of 14.8 ...