Analyzing Intuit's Q3 2024 Earnings Results and Forecast

Thursday, 23 May 2024, 14:32

Intuit Inc. (NASDAQ: INTU) is set to announce its third-quarter 2024 financial results, with analysts predicting a rise in earnings per share to $9.37 compared to $8.92 in the previous year. The company's Q3 revenue estimate stands at $6.65 billion, reflecting growth in the Small Business and Self-employed segment. Intuit's performance in the second quarter, reporting $3.39 billion in revenues and adjusted earnings of $2.63 per share, also aligns with market expectations.
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Analyzing Intuit's Q3 2024 Earnings Results and Forecast

Intuit Q3 2024 Earnings Release

Financial technology company Intuit Inc. (NASDAQ: INTU) is all set to publish results for the third quarter of 2024 today at 4:00 p.m. ET.

Earnings Performance

  • Estimated Earnings Growth: Intuit's earnings, excluding one-off items, expected to rise to $9.37 per share in Q3 2024.
  • Analysts' Revenue Consensus: Market analysts project a revenue of $6.65 billion for the quarter.

The company's revenue in the previous quarter saw an 11% increase to $3.39 billion, driven by strong performance in the Small Business and Self-employed segment.

Intuit reported adjusted earnings of $2.63 per share in the second quarter, surpassing analyst expectations.


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.


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