Categories AlphaGraphs, Analysis, Finance, Technology
Earnings preview: Intuit to report a loss in Q4
Payroll solutions provider Intuit Inc. (NASDAQ: INTU) will report fourth-quarter financial results on Thursday, August 22, after the closing bell. The fourth quarter is Intuit’s weakest seasonal quarter due to the end of the tax season, and is likely to result in lower revenues and a swing to a loss.
Management has projected Q4 revenues of $948 million to $968 million, representing a growth of 10-12% from last year. Non-GAAP loss per share for this period is projected to be 16 to 14 cents.
Wall Street has a more optimistic view on the stock, with projections at the upper end of the management forecast range. Analysts, on an average, expect a loss of 14 cents per share on revenues of $961.9 million.
The Mountain View, California-based company has surpassed earnings estimates in all four trailing quarters.
Intuit’s products, including QuickBooks Online and TurboTax Live continue to see strong demand and should continue to boost top-line growth. However, an increase in competition forces us to keep a close tab on the number of paying customers to look for any signs of weakness.
The market anticipates around 30% growth in QuickBooks Online subscribers in the fourth quarter.
During the last reported quarter, Intuit’s earnings and revenue topped both Wall Street’s and the company’s targets. Non-GAAP EPS grew 16% to $5.55 and revenue rose 12% to $3.27 billion.
The better-than-expected results had prompted the company to raise its full-year guidance, sending the stock up over 2%.
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
Comments
Comments are closed.