Intuit Sees FY23 EPS $14.20-$14.25 Vs $13.83 Est.; Revenue $14.279B-$14.317B Vs $14.18B Est.
Portfolio Pulse from Benzinga Newsdesk
Intuit raised its FY23 guidance, expecting revenue of $14.279B-$14.317B, GAAP operating income of $3.071B-$3.091B, and non-GAAP diluted earnings per share of $14.20-$14.25. The company also updated its segment revenue guidance for Small Business, Consumer Group, ProTax Group, and Credit Karma.
May 23, 2023 | 8:05 pm
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Intuit raised its FY23 guidance, expecting higher revenue, GAAP operating income, and non-GAAP diluted earnings per share. The company also updated its segment revenue guidance.
Intuit's raised guidance for FY23 indicates strong performance and growth in multiple segments. This positive outlook is likely to have a short-term positive impact on the stock price as it shows the company's confidence in its future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100