Intuit Sees Q4 Revenue To Grow 9%-10%; EPS $1.43-$1.48 Vs $1.51 Est.
Portfolio Pulse from Benzinga Newsdesk
Intuit announced Q4 FY2023 guidance, expecting revenue growth of 9-10% and non-GAAP diluted earnings per share of $1.43-$1.48, lower than the $1.51 estimate.
May 23, 2023 | 8:07 pm
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NEGATIVE IMPACT
Intuit's Q4 FY2023 guidance expects lower non-GAAP EPS than estimated, potentially impacting its stock price.
Intuit's Q4 FY2023 guidance indicates lower non-GAAP EPS than the market estimate, which could lead to a negative short-term impact on its stock price as investors may perceive this as a sign of underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100