Intuit Reiterates FY24 Guidance: Revenue $15.89B-$16.105B, Adj. EPS $16.17-$16.47
Portfolio Pulse from Benzinga Newsdesk
Intuit has reiterated its fiscal year 2024 guidance, projecting revenues to be between $15.89 billion and $16.105 billion, with adjusted earnings per share (EPS) expected to range from $16.17 to $16.47.
February 22, 2024 | 9:01 pm
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Intuit has confirmed its financial guidance for fiscal year 2024, with anticipated revenues between $15.89 billion and $16.105 billion and adjusted EPS in the range of $16.17 to $16.47.
Reiterating financial guidance often signals to investors that a company is on track to meet or exceed its previously stated goals, which can positively influence investor sentiment and potentially lead to an increase in stock price. For Intuit, confirming its FY24 revenue and EPS projections may reassure investors about the company's financial health and growth prospects, likely resulting in a positive short-term impact on its stock.
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