Financial technology platform Intuit (NASDAQ: INTU) will be announcing earnings results this Thursday after market close. Here’s what to expect.
Intuit beat analysts’ revenue expectations last quarter, reporting revenues of $3.89 billion, up 18.3% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ billings estimates but EPS guidance for next quarter missing analysts’ expectations significantly.
Is Intuit a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Intuit’s revenue to grow 14.5% year on year, slowing from the 17% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Intuit rarely misses Wall Street’s revenue estimates.
Looking at Intuit’s peers in the finance and hr software segment, some have already reported their Q4 results, giving us a hint as to what we can expect. BlackLine delivered year-on-year revenue growth of 8.1%, meeting analysts’ expectations, and Marqeta reported revenues up 26.7%, topping estimates by 3%. BlackLine traded down 5.5% following the results.
Read our full analysis of BlackLine’s results here and Marqeta’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. Investors in finance and hr software stocks have been spared in this environment as share prices are down 20.2% on average over the last month. Intuit is down 36.1% during the same time and is heading into earnings with an average analyst price target of $729.26 (compared to the current share price of $358.75).
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