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Intuit (INTU) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2026-02-26 23:31
Core Insights - Intuit (INTU) reported a revenue of $4.65 billion for the quarter ended January 2026, marking a year-over-year increase of 17.4% and an EPS of $4.15 compared to $3.32 a year ago, exceeding both revenue and EPS estimates [1] Financial Performance - The reported revenue of $4.65 billion surpassed the Zacks Consensus Estimate of $4.53 billion by 2.75% [1] - The EPS of $4.15 exceeded the consensus estimate of $3.66 by 13.25% [1] Segment Performance - Revenue from the Consumer Segment - TurboTax was $581 million, above the average estimate of $566.21 million [4] - Net revenue from Global Business Solutions reached $3.2 billion, exceeding the average estimate of $3.11 billion [4] - Total Online Ecosystem revenue within Global Business Solutions was $2.5 billion, surpassing the estimated $2.45 billion [4] - Consumer revenue was reported at $1.5 billion, compared to the average estimate of $1.42 billion, reflecting a significant year-over-year increase of 194.7% [4] - ProTax revenue in the Consumer Segment was $290 million, above the average estimate of $277.42 million [4] - Credit Karma generated $616 million, exceeding the average estimate of $569.41 million [4] - Net revenue from Product and other was $779 million, surpassing the estimated $755.9 million, representing a year-over-year increase of 9.1% [4] - Service revenue was reported at $3.87 billion, exceeding the average estimate of $3.77 billion, with a year-over-year increase of 19.2% [4] Stock Performance - Intuit's shares have returned -29.2% over the past month, contrasting with the Zacks S&P 500 composite's increase of 0.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Intuit (INTU) Q2 Earnings and Revenues Top Estimates
ZACKS· 2026-02-26 23:16
Intuit (INTU) came out with quarterly earnings of $4.15 per share, beating the Zacks Consensus Estimate of $3.66 per share. This compares to earnings of $3.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.25%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $3.1 per share when it actually produced earnings of $3.34, delivering a surprise of +7.74 ...
Intuit(INTU) - 2026 Q2 - Earnings Call Transcript
2026-02-26 22:32
Intuit (NasdaqGS:INTU) Q2 2026 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsAnne Sophie Seigneurbieux - SVP of Investor Relations, Corporate and Strategic FinanceMark Murphy - Executive DirectorSandeep Aujla - CFOSasan Goodarzi - Chairman and CEOSiti Panigrahi - Managing DirectorConference Call ParticipantsAlex Zukin - Managing Director and Senior AnalystDaniel Jester - Managing Director and Software Research AnalystGabriela Borges - Managing Director and Senior Software Equity Research A ...
Intuit(INTU) - 2026 Q2 - Earnings Call Transcript
2026-02-26 22:32
Intuit (NasdaqGS:INTU) Q2 2026 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsAnne-Sophie Seigneurbieux - SVP of Investor Relations, Corporate and Strategic FinanceMark Murphy - Executive DirectorSandeep Aujla - CFOSasan Goodarzi - Chairman and CEOSiti Panigrahi - Managing DirectorConference Call ParticipantsAlex Zukin - Managing Director and Senior AnalystDaniel Jester - Managing Director and Software Research AnalystGabriela Borges - Managing Director and Senior Software Equity Research A ...
Intuit(INTU) - 2026 Q2 - Earnings Call Transcript
2026-02-26 22:30
Intuit (NasdaqGS:INTU) Q2 2026 Earnings call February 26, 2026 04:30 PM ET Speaker6Good afternoon, everyone. My name is Beau, and I will be your conference operator today. At this time, I would like to welcome everyone to Intuit's second quarter fiscal year 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer period. If you would like to ask a question during this time, simply press star, then 1 on your tel ...
Intuit's quarterly earnings top estimates but soft guidance dissapoints
Proactiveinvestors NA· 2026-02-26 21:35
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Intuit Tops Fiscal Q2 Estimates, Sees AI Benefiting Business
Investors· 2026-02-26 21:32
Core Insights - Financial software firm Intuit exceeded estimates for its fiscal second quarter but provided mixed guidance for the current quarter, leading to a decline in its stock price [1] Company Performance - Intuit reported strong performance in its fiscal second quarter, surpassing analyst expectations [1] - Despite the strong quarterly results, the guidance for the upcoming quarter was not as optimistic, contributing to a drop in stock value [1] Market Reaction - Following the mixed guidance, Intuit's stock experienced a decline, indicating investor concerns about future performance [1]
Intuit(INTU) - 2026 Q2 - Earnings Call Presentation
2026-02-26 21:30
February 26, 2026 Financial summary | Financial Summary | | | [D] FY24 | | | | | [D] FY25 | | | FY26 | | | Guidance[C] | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | (millions, except per share data) | Q1 | Q2 | Q3 | Q4 | FY | Q1 | Q2 | Q3 | Q4 | FY | Q1 | Q2 | FY26 Q3 | FY26 | | Global Business Solutions | $2,344 | $2,245 | $2,387 | $2,557 | $9,533 | $2,544 | $2,671 | $2,849 | $3,013 | $11,077 | $2,991 | $3,164 | | $12,633 - $12,742 | | % change YoY | 18% | ...
Intuit Logs Higher Second-Quarter Profit, Gives Soft Third-Quarter Outlook
WSJ· 2026-02-26 21:17
The financial technology company's profit guidance for the fiscal third quarter – which overlaps with peak tax season – came in short of Wall Street's expectations. ...
Coupang reports Q4 revenue of $8.8 billion, missing analyst expectations
Reuters· 2026-02-26 21:13
Group 1 - Coupang reported a fourth-quarter revenue of $8.8 billion, reflecting an 11% increase year-over-year, but fell short of analyst expectations of $8.9 billion [1][1][1] - The revenue forecast was based on LSEG SmartEstimate, which prioritizes analysts with a consistent track record of accuracy [1][1][1] Group 2 - The results indicate a potential challenge for Coupang in meeting market expectations despite a year-over-year growth in revenue [1][1][1] - The e-commerce sector continues to face scrutiny as companies navigate competitive pressures and changing consumer behaviors [1][1][1]