Intuit Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Intuit Inc. (NASDAQ:INTU) is set to release its Q3 financial results for fiscal year 2024 after the closing bell on Thursday. Analysts expect earnings of $9.37 per share and revenue of $6.65 billion. Recent analyst ratings show a mix of Neutral, Overweight, and Outperform ratings with increased price targets.
May 23, 2024 | 1:56 pm
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Intuit is expected to report strong Q3 earnings with an EPS of $9.37 and revenue of $6.65 billion. Analysts have recently revised their price targets upwards, indicating positive sentiment.
The expected strong earnings and revenue figures, along with positive revisions in price targets by multiple analysts, suggest a likely positive short-term impact on Intuit's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100