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Stock impact report

Intuit beats estimates on AI-driven tool demand, shares down on promotions delay [Yahoo! Finance]

Intuit Inc. (INTU) 
Last intuit inc. earnings: 2/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.intuit.com
Company Research Source: Yahoo! Finance
Excluding items, it earned $2.50 per share, ahead of the consensus of $2.36 per share. (Source: Investing.com) The company's growing demand for its AI-driven financial management tools, which provide personalized financial recommendations and automate tasks like bookkeeping, helped drive the better-than-expected results. (Source: Investing.com) The company projected revenue in the range of $3.812 billion to $3.845 billion for the second quarter, which ends January 31. (Source: Investing.com) The company is expecting double-digit revenue growth and margin expansion for the full year, with projected revenue between $18.16 billion and $18.347 billion, growth of approximately 12 to 13 percent. (Source: Investing.com) The company said it was expecting a single-digit decline in its Consumer Group revenue due to some promotional changes in retail channels largely related to its desktop offering, which may have contributed to the decline in shares. (Source: Investing.com) Investing. Show less Read more
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