Intuit (NASDAQ:INTU – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.330-2.380 for the period, compared to the consensus estimate of 2.790. The company issued revenue guidance of $3.1 billion-$3.2 billion, compared to the consensus revenue estimate of $3.4 billion. Intuit also updated its FY 2025 guidance to 19.160-19.360 EPS.
Intuit Stock Down 5.1 %
NASDAQ:INTU traded down $34.22 during trading hours on Friday, hitting $631.07. 515,121 shares of the stock traded hands, compared to its average volume of 1,311,323. The firm has a 50 day moving average price of $638.78 and a 200 day moving average price of $634.58. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.32. Intuit has a fifty-two week low of $473.56 and a fifty-two week high of $676.62. The firm has a market cap of $176.41 billion, a price-to-earnings ratio of 58.22, a PEG ratio of 3.14 and a beta of 1.23.
Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings results on Thursday, May 23rd. The software maker reported $9.88 EPS for the quarter, beating the consensus estimate of $8.12 by $1.76. The business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.65 billion. Intuit had a net margin of 19.43% and a return on equity of 18.61%. Intuit’s revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $7.80 EPS. Equities research analysts anticipate that Intuit will post 11.72 earnings per share for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on INTU
Insider Activity
In related news, insider Scott D. Cook sold 14,748 shares of the company’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $567.40, for a total transaction of $8,368,015.20. Following the completion of the transaction, the insider now directly owns 6,701,721 shares in the company, valued at approximately $3,802,556,495.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, EVP Mark P. Notarainni sold 465 shares of the company’s stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of $604.58, for a total value of $281,129.70. Following the sale, the executive vice president now directly owns 869 shares of the company’s stock, valued at approximately $525,380.02. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Scott D. Cook sold 14,748 shares of the company’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $567.40, for a total transaction of $8,368,015.20. Following the completion of the sale, the insider now directly owns 6,701,721 shares in the company, valued at $3,802,556,495.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 195,963 shares of company stock worth $114,442,445. 2.90% of the stock is currently owned by corporate insiders.
Intuit Company Profile
Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.
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