Intuit's Q1 Earnings Results and Future Financial Guidance
Intuit's Q1 Earnings Results
Intuit Inc. (NASDAQ: INTU), a leading provider of tax and accounting solutions, has reaffirmed its financial guidance for the first quarter and fiscal 2025. The management continues to expect first-quarter revenue growth of 5-6%, including Global Business Solutions Group revenue growth of 6-7%.
Financial Forecasts
- Earnings guidance for the October quarter is confirmed in the range of $0.61 to $0.66 per share.
- The adjusted earnings per share forecast is set between $2.33 and $2.38.
- Full-year 2025 revenue growth is expected to be between 12% and 13%, reaching $18.160 billion to $18.347 billion.
Future Outlook
Operating income, on an unadjusted basis, is still anticipated in the range of $4.649 billion to $4.724 billion for FY25. The management reiterated full-year earnings per share guidance between $12.34 and $12.54, including special items, representing an 18-20% growth. On an adjusted basis, EPS is expected to be $19.16-$19.36 in FY25, which aligns with prior guidance.
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