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Invest in shares and ETFs on the Australian share market.
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- CFD trading
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- Home
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- Intuit financial results are out
- Founded: 1983
- Headquarters: Mountain View, California, United States
- Number of employees: 18,200 (2023)
- Industry: Enterprise software
- Key people: Sasan Goodarzi (CEO), Scott Cook (Chairman)
- 5 day: -1.49%
- 1 month: +2.01%
- 3 months: +15.98%
- Year-to-date: +4.70%
- 1 year: +58.88%
- Wells Fargo & Company: $710
- Oppenheimer: $678
- KeyCorp: $700
- Susquehanna: $700
- Citigroup: $651
- Barclays: $660
- Piper Sandler: $642
- BMO Capital Markets: $640
- Morgan Stanley: $570
- Stifel Nicolaus: $600
- Mizuho: $625
- JP Morgan Chase & Co.: $470
- HSBC: $520
- Wolfe Research: $660
- Argus: $640
- Deutsche Bank: $575
- Credit Suisse Group: $570
- Volatility never sleeps. Trade over earnings releases as they happen outside of main trading hours
- Reduce your risk and hedge your existing positions ahead of a new trading day
- Extended trading hours on popular US stocks means extended opportunities
News & analysisBusiness software company Intuit Inc. (NASDAQ: INTU) reported Q2 of fiscal 2024 earnings results after the market closed in the US on Thursday.
The company achieved revenue that was in line with analyst estimates at $3.386 billion. Revenue increased by 11% year-over-year.
Earnings per share topped Wall Street estimates at $2.63 (up by 20% year-over-year) vs. $2.297 per share expected.
Company overview
CEO commentary
“We had another strong quarter as consumers and small businesses continue to rely on Intuit’s platform to power their prosperity,” Sasan Goodarzi, CEO of Intuit said in a statement to investors.
“We have great momentum innovating across our products, and we’re well on our way to becoming the trusted assistant that our customers use to fuel their financial success,” Goodarzi added.
Stock reaction
The stock was up by 3.08% on Thursday, trading at $657.92 a share.
There was no great deal of movement in after-hours trading as investors digested the latest results.
Stock performance
Intuit stock price targets
Intuit Inc. is the 66th largest company in the world with a market cap of $183.13 billion, according to CompaniesMarketCap.
You can trade Intuit Inc. (NASDAQ: INTU) and many other stocks from the NYSE, NASDAQ, HKEX and ASX with GO Markets as a Share CFD on the MetaTrader 5 platform. To find out more, go to “Trading” then select “Share CFDs”.
GO Markets offers pre-market and after-market trading on popular US Share CFDs.
Why trade during extended hours?
Sources: Intuit Inc., TradingView, MarketWatch, MarketBeat, CompaniesMarketCap
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The information provided is of general nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information provided, you should consider whether the information is suitable for you and your personal circumstances and if necessary, seek appropriate professional advice. All opinions, conclusions, forecasts or recommendations are reasonably held at the time of compilation but are subject to change without notice. Past performance is not an indication of future performance. Go Markets Pty Ltd, ABN 85 081 864 039, AFSL 254963 is a CFD issuer, and trading carries significant risks and is not suitable for everyone. You do not own or have any interest in the rights to the underlying assets. You should consider the appropriateness by reviewing our TMD, FSG, PDS and other CFD legal documents to ensure you understand the risks before you invest in CFDs. These documents are available here.
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