Alert: New Earnings Report (11/28/23)-Intuit Inc. (NASDAQ: INTU).


Intuit Inc. (NASDAQ: INTU) has reported E.P.S. of $0.86 for its first fiscal quarter (ending October 31) versus $0.14 for the same period a year ago — an increase of 514%. However, this performance was $-1.12 short of the consensus estimate of $1.98. E.P.S. were $9.22 for the latest four quarters through October 31 versus $6.64 for the same period a year ago — an increase of 39%.


Recent Price Action

On 11/28/23, Intuit Inc. (NASDAQ: INTU) stock rose modestly by 0.7%, closing at $565.07. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.9% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, INTU is expected to continue to be a major Value Builder.

Intuit has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Intuit has a poor Appreciation Score of 21 but a very high Power Rating of 92, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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