It is estimated that the tech firm’s earnings, excluding one-off items, increased to $1.84 per share in the July quarter from $1.65 per share a year earlier. Analysts’ consensus revenue estimate for Q4 is $3.08 billion.
For the third quarter, the company reported revenues of $6.74 billion, which was up 12% from the year-ago period and in line with 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.