Intuit Posts Solid Q1 Results as Revenue and EPS Top Expectations

Intuit delivered higher Q1 revenue and EPS than forecasts, lifting shares nearly 4% as investors responded positively to strong software demand across business and consumer segments.

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Intuit Posts Solid Q1 Results as Revenue and EPS Top Expectations

Intuit Posts Solid Q1 Results as Revenue and EPS Top Expectations
Intuit reported stronger-than-expected Q1 earnings, with EPS reaching $3.34 against analyst forecasts of $3.09. Revenue came in at $3.89 billion, above the projected $3.76 billion, driven by continued adoption of its financial and tax software products. The company saw broad-based performance across small business solutions and consumer tax segments. 
Companies:
  • Intuit
Tags:
  • stocks
  • earnings