Friday, February 17, 2012 1:16:39 PM
lets see how it settles in after an amazing run up since september 2011!
Analysts expect higher profit for Intuit (INTU) when the company reports its second quarter results on Tuesday, February 21, 2012. The consensus estimate is calling for profit of 36 cents a share, reflecting a rise from 26 cents per share a year ago.
What to Expect:
The consensus estimate is up from three months ago when it was 35 cents, but hasn’t changed over the past month. Analysts are expecting earnings of $2.57 per share for the fiscal year.
Revenue is projected to eclipse the year-earlier total of $878 million by 15%, finishing at $1.01 billion for the quarter. For the year, revenue is expected to come in at $4.24 billion.
Trends to Watch For:
Over the last four quarters, revenue rose 7.9% on average year-over-year. The biggest boost came in the third quarter of the last fiscal year, when revenue increased 15% from the year-ago quarter.
Analyst Ratings:
The majority of analysts (66.7%) rate Intuit as a buy. This compares favorably to the analyst ratings of its nearest 10 competitors, which average 57.7% buys. Analyst sentiment has waned during the last three months.
Competitors:
Intuit is a provider of business and financial management solutions for small- and medium-sized businesses, consumers, accounting professionals, and financial institutions. One of Intuit’s main competitors in the software industry is Microsoft (MSFT). Other competitors in the information technology sector include: Netsuite (N), salesforce.com (CRM), and Nuance Communications (NUAN).
Recent Price Movement:
The stock price has increased from $51.89 on November 18, 2011 to $56.65 over the past quarter.
http://www.forbes.com/sites/narrativescience/2012/02/16/forbes-earnings-preview-intuit-2/?partner=yahootix
Recent INTU News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/20/2024 08:41:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 10:11:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 09:31:45 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/19/2024 07:32:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/17/2024 08:41:48 PM
- Intuit Introduces Intuit Enterprise Suite to Help Businesses Grow, Streamline Operations, and Scale • Business Wire • 09/17/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/11/2024 08:30:39 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/10/2024 09:20:55 PM
- Intuit to Host Annual Investor Day on September 26 • Business Wire • 09/05/2024 08:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:36:36 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:32:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:28:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:20:09 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:19:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:10:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:08:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:03:28 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/04/2024 10:26:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/04/2024 08:03:33 PM
- Intuit CEO Sasan Goodarzi to Present at Goldman Sachs Communacopia & Technology Conference • Business Wire • 09/04/2024 08:00:00 PM
- Intuit Accelerates Development Velocity with Major Enhancements to Proprietary Generative AI Operating System (GenOS) • Business Wire • 09/04/2024 01:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 08:44:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 08:11:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 08:09:51 PM
- Intuit Executive Marianna Tessel to Present at the Citi 2024 Global TMT Conference • Business Wire • 08/28/2024 08:00:00 PM
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