Recap: Intuit Q1 Earnings

Shares of Intuit INTU moved higher by 1% after the company reported Q1 results.

Quarterly Results

Earnings per share were up 129.27% over the past year to $0.94, which beat the estimate of $0.37.

Revenue of $1,323,000,000 higher by 13.56% year over year, which beat the estimate of $1,210,000,000.

Guidance

Intuit Sees Q2 EPS $1.31-$1.34 Vs. $1.21 Est., Expects Revenue Growth of 8%-9%

Intuit Sees Q2 EPS $1.31-$1.34 Vs. $1.21 Est., Expects Revenue Growth of 8%-9%

Conference Call Details

Date: Nov 19, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/m2kgecqp

Price Action

Company's 52-week high was at $377.15

52-week low: $187.68

Price action over last quarter: Up 5.44%

Company Description

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.