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0 0.000922144644974354 0.00210775918851273 0.00230148705510398 0.000736165893046755 -0.00268119367362282 3.87455733182132E-05 -0.00385905910249755
Stock impact report

Intuit Q1 Earnings Beat on Online Growth, Revenues Rise 10% Y/Y [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
Intuit's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 13.09%. Revenues of $3.28 billion beat the consensus mark by 4.58% and increased 10% year over year. (Read More: Intuit's Q1 Earnings Surpass Estimates, Revenues Rise Y/Y) Intuit's Global Business Solutions Group demonstrated mixed performance in the first quarter of fiscal 2025, with overall revenues growing 8.53% year over year to $2.54 billion, beating the Zacks Consensus Estimate by 1.62%. This growth primarily reflected the company's successful digital transformation strategy, evidenced by a robust 20% increase to $1.94 billion in Online Ecosystem revenues, which showed acceleration from the fiscal fourth quarter's year-over-year growth rate. However, this positive momentum was partially counterbalanced by a significant 17% decline to $601 million in Desktop Ecosystem revenues, stemming from strategic changes to desktop offerings implemented in early fisca Show less Read more
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