INTU Earnings: Intuit Q3 2024 revenue and adj. profit top expectations

Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts’ estimates. At $6.74 billion, the Mountain View-headquartered financial technology company’s third-quarter revenue was 12% higher than the year-ago number and above analysts’ estimates. The top line benefited from strong growth in […]

May 23, 2024 1 min read

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Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts’ estimates. At $6.74 billion, the Mountain View-headquartered financial technology company’s third-quarter revenue was 12% higher than the year-ago number and above analysts’ estimates. The top line benefited from strong growth in […]
· May 23, 2024

Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts’ estimates.

Intuit 3Q 2024 earnings infographic

At $6.74 billion, the Mountain View-headquartered financial technology company’s third-quarter revenue was 12% higher than the year-ago number and above analysts’ estimates. The top line benefited from strong growth in the Small Business and Self-employed segment.

Adjusted earnings increased to $9.88 per share in the April quarter from $8.92 per share in the third quarter of 2023, and came in above expectations. On an unadjusted basis, net earnings were $8.42 per share in Q3, compared to $7.38 per share last year.