Recap: Intuit Q4 Earnings

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Shares of Intuit INTU rose 5.47% in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 2111.11% year over year to $1.81, which beat the estimate of $1.05.

Revenue of $1,816,000,000 up by 82.70% year over year, which beat the estimate of $1,570,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Intuit hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 25, 2020

Time: 04:30 PM

ET Webcast URL: https://investors.intuit.com/events-and-presentations/default.aspx

Price Action

52-week high: $334.15

Company's 52-week low was at $187.68

Price action over last quarter: Up 18.81%

Company Overview

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

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Posted In: Earnings
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