For the quarter ended October 2024, Intuit (INTU) reported income of $3.28 billion, up 10.2% over the identical interval final 12 months. EPS got here in at $2.50, in comparison with $2.47 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $3.14 billion, representing a shock of +4.58%. The corporate delivered an EPS shock of +5.93%, with the consensus EPS estimate being $2.36.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders challenge a inventory’s worth efficiency extra precisely.
Right here is how Intuit carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Internet revenue- Shopper: $176 million in comparison with the $171.20 million common estimate primarily based on six analysts. The reported quantity represents a change of -5.9% 12 months over 12 months.
- Internet revenue- Small Enterprise & Self-Employed: $2.54 billion versus $2.50 billion estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +8.5% change.
- Internet revenue- Credit score Karma: $524 million in comparison with the $428.32 million common estimate primarily based on 5 analysts. The reported quantity represents a change of +29.4% 12 months over 12 months.
- Internet revenue- ProTax: $39 million versus the five-analyst common estimate of $38.82 million. The reported quantity represents a year-over-year change of -7.1%.
- Internet revenue- Small Enterprise & Self-Employed- Whole On-line Ecosystem: $1.94 billion versus $1.92 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +20.1% change.
- Internet revenue- Small Enterprise & Self-Employed- Whole Desktop Ecosystem: $601 million versus the five-analyst common estimate of $582.12 million. The reported quantity represents a year-over-year change of -17.2%.
- Internet revenue- Small Enterprise & Self-Employed- Desktop Ecosystem- Desktop Companies and Provides: $305 million in comparison with the $330.16 million common estimate primarily based on 4 analysts. The reported quantity represents a change of -12.9% 12 months over 12 months.
- Internet revenue- Small Enterprise & Self-Employed- On-line Ecosystem- On-line Companies: $978 million versus $967.92 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +19.3% change.
- Internet revenue- Small Enterprise & Self-Employed- On-line Ecosystem- QuickBooks On-line Accounting: $965 million versus the four-analyst common estimate of $954.02 million. The reported quantity represents a year-over-year change of +20.9%.
- Internet revenue- Small Enterprise & Self-Employed- Desktop Ecosystem- QuickBooks Desktop Accounting: $296 million in comparison with the $252.57 million common estimate primarily based on 4 analysts. The reported quantity represents a change of -21.3% 12 months over 12 months.
- Internet revenue- Service: $2.89 billion versus $2.36 billion estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +17.9% change.
- Internet revenue- Product and different: $394 million versus $672.80 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -25.4% change.
View all Key Company Metrics for Intuit here>>>
Shares of Intuit have returned +8.1% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out in keeping with the broader market within the close to time period.
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