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Intuit (INTU)
NASDAQ:INTU
Earnings Data
Report Date
May 22, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
10.91Last Year’s EPS
9.88Same Quarter Last Year
Strong Buy
Based on 20 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: 10.34%
|Next Earnings Date:May 22, 2025
Earnings Call Sentiment|Positive
The earnings call was predominantly positive, highlighting strong financial performance across multiple segments, significant advancements in AI-driven products, and successful expansion into mid-market segments. Although there were minor challenges, such as a slight decline in the ProTax Group and Mailchimp growth hurdles, these were overshadowed by the company's strong revenue growth and strategic achievements.Company Guidance
During Intuit's second quarter fiscal 2025 conference call, the company provided robust guidance, reiterating its full-year expectations for double-digit revenue growth and expanding margins. Intuit reported a 17% increase in revenue for the quarter, totaling $4 billion, with GAAP operating income surging by 61% to $593 million. Non-GAAP operating income grew 26% to $1.3 billion, while GAAP diluted earnings per share rose 34% to $1.67. The company highlighted the strong performance of its Global Business Solutions Group, which saw a 19% revenue growth, driven by a 21% increase in Online Ecosystem revenue, excluding Mailchimp. Intuit's AI-driven initiatives played a crucial role in enhancing customer experiences and operational efficiencies, contributing nearly $90 million in annualized efficiencies in the first half of the year. Intuit's CEO, Sasan Goodarzi, emphasized the momentum in their AI-driven platform strategy, with significant progress in consumer platforms like TurboTax and Credit Karma, and a strong start in the tax season, expecting Consumer Group revenue growth of 7% to 8% for fiscal 2025. The company maintained its fiscal 2025 guidance, projecting total revenue growth between 12% and 13%, with GAAP and non-GAAP diluted earnings per share expected to grow by 18% to 20% and 13% to 14%, respectively.Strong Revenue Growth
Intuit reported a 17% revenue growth for Q2 2025, demonstrating strong business performance across its segments.
Record Operating Income
GAAP operating income increased by 61% to $593 million, and non-GAAP operating income rose by 26% to $1.3 billion.
TurboTax Live Full Service Success
TurboTax Live Full Service achieved a Product Recommendation Score of 84, indicating high customer satisfaction and successful AI-driven enhancements.
Credit Karma Revenue Surge
Credit Karma revenue grew by 36%, driven by strength in credit cards, personal loans, and auto insurance.
Expansion in Mid-Market Segment
Intuit's focus on mid-market customers resulted in a 40% growth in Online Ecosystem revenue for QBO Advanced and Intuit Enterprise Suite.
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INTU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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INTU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $555.63 | $625.51 | +12.58% |
| Nov 21, 2024 | $677.57 | $639.06 | -5.68% |
| Aug 22, 2024 | $663.07 | $617.78 | -6.83% |
| May 23, 2024 | $659.14 | $604.13 | -8.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Intuit (INTU) report earnings?
Intuit (INTU) is schdueled to report earning on May 22, 2025, TBA Not Confirmed.
What is Intuit (INTU) earnings time?
Intuit (INTU) earnings time is at May 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INTU EPS forecast?
INTU EPS forecast for the fiscal quarter 2025 (Q3) is 10.91.
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