Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
On Thursday, Intuit (NASDAQ:INTU) will release its latest earnings report. Benzinga's outlook for Intuit is included in the following report.
Earnings and Revenue
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
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:
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 0.05 | 0.17 | 3.87 | 0.36 |
| EPS Actual | 0.11 | 0.2 | 3.9 | 0.26 |
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
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.