Earnings Outlook For Intuit
Portfolio Pulse from Benzinga Insights
Intuit (NASDAQ:INTU) is set to release its latest quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $1.43. Last quarter, the company beat EPS by $0.44, which was followed by a 7.53% drop in the share price. Over the last 52-week period, shares are up 6.68%.
August 23, 2023 | 3:00 pm
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NEUTRAL IMPACT
Intuit's upcoming earnings report could impact its stock price. Last quarter's EPS beat led to a 7.53% drop in share price. Over the past year, shares have risen 6.68%.
Intuit's stock price has shown to be sensitive to its earnings reports. Despite beating EPS estimates last quarter, the stock price dropped 7.53%. However, the overall trend over the past year has been positive, with shares up 6.68%. The upcoming earnings report could therefore have a significant impact on the stock price, depending on whether it meets, exceeds, or falls short of expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100