• Intuit Inc INTU.OQ reported quarterly adjusted earnings of $11.65​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $9.88. The mean expectation of twenty four analysts for the quarter was for earnings of $10.91 per share. Wall Street expected results to range from $10.82 to $11.04 per share.

• Revenue rose 15.1% to $7.75 billion from a year ago; analysts expected $7.56 billion.

• Intuit Inc's reported EPS for the quarter was $10.02​.

• The company reported quarterly net income of $2.82 billion.

• Intuit Inc shares had risen by 7.5% this quarter and gained 5.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.9% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

• Wall Street's median 12-month price target for Intuit Inc is $720.00

This summary was machine generated from LSEG data May 22 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)