Intuit Q1 Earnings: Insights into INTU Financial Guidance for 2025
Friday, 27 September 2024, 14:02
Overview of Intuit's Q1 Earnings
Intuit Inc. (NASDAQ: INTU), a leader in taxation and technology solutions, has reaffirmed its financial guidance for the first quarter and fiscal 2025. As management anticipates first-quarter revenue growth of 5-6%, this includes a projected growth of 6-7% within its Global Business Solutions Group.
Financial Performance Highlights
- Earnings guidance for the October quarter projected between $0.61 and $0.66 per share.
- The adjusted EPS forecast remains strong, expected in the range of $2.33-$2.38.
- Full-year 2025 revenue is anticipated to grow by 12%-13%, totaling approximately $18.160 billion to $18.347 billion.
- Management predicts operating income of $4.649 billion to $4.724 billion for FY25.
- For the full year, Intuit expects earnings per share to range from $12.34 to $12.54, indicating an 18-20% growth.
- Adjusted EPS is forecasted to reach $19.16-$19.36 in FY25.
Strategic Growth Insights
Intuit's commitment to maintaining a vigorous growth trajectory in both revenue and adjusted earnings demonstrates its strategic positioning within the financial services landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.