Intuit Q2 Earnings Outlook

On Thursday, Intuit INTU will release its latest earnings report. Benzinga's outlook for Intuit is included in the following report.

Earnings and Revenue

Analysts covering Intuit modeled for quarterly EPS of 31 cents per share on revenue of $1.15 billion.

Intuit reported a per-share profit of 26 cents per share when it published results during the same quarter last year. Sales in that period totaled $1.01 billion. The Wall Street estimate would represent a 19.23 percent increase in the company's earnings. Sales would be up 13.19 percent on a year-over-year basis.

Here's how the company's EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 44.81 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on Intuit stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Intuit's Q2 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://investors.intuit.com/Events/default.aspx