{"id":510584,"date":"2022-11-30T08:00:33","date_gmt":"2022-11-29T21:00:33","guid":{"rendered":"https:\/\/www.gomarkets.com\/?p=510584"},"modified":"2022-11-30T15:23:47","modified_gmt":"2022-11-30T04:23:47","slug":"intuit-results-exceed-expectations","status":"publish","type":"post","link":"https:\/\/www.gomarkets.com\/en\/articles\/shares-and-indices\/intuit-results-exceed-expectations\/","title":{"rendered":"Intuit results exceed expectations"},"content":{"rendered":"<p>Intuit Inc. (NASDAQ: INTU) reported its latest financial results for the first quarter of fiscal 2023, which ended October 31, after the market close in the US on Tuesday.<\/p>\n<p>The US software company beat both revenue and earnings per share (EPS) estimates for the quarter.<\/p>\n<p>Intuit reported revenue of $2.597 billion (up by 29% year-over-year) vs. $2.497 billion expected.<\/p>\n<p>EPS reported at $1.66 per share (an increase of 8% year-over-year) vs. estimate of $1.194 per share.<\/p>\n<p>&#8221;We had a strong first quarter as we innovated and delivered on our strategy to be the global AI-driven expert platform powering prosperity for consumers and small businesses,&#8221; Sasan Goodarzi, CEO of the company said in a statement.<\/p>\n<p>&#8221;We continue to see proof that the benefits of our financial technology platform are more mission-critical than ever to our customers in an uncertain macro environment,&#8221; Goodarzi added.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-398636 size-full\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2022\/11\/InkedINTU_2022-11-30_15-18-24.jpg\" alt=\"\" width=\"1787\" height=\"907\" \/><\/p>\n<p>The stock was down by 1.54% on Tuesday at $378.96 a share.<\/p>\n<p><strong>Stock performance<\/strong><\/p>\n<ul>\n<li>1 month: -2.68%<\/li>\n<li>3 month: -11.31%<\/li>\n<li>Year-to-date: -40.27%<\/li>\n<li>1 year: -41.10%<\/li>\n<\/ul>\n<p><strong>Intuit <\/strong><strong>price targets<\/strong><\/p>\n<ul>\n<li>Keybanc: $450<\/li>\n<li>Morgan Stanley: $520<\/li>\n<li>Credit Suisse: $500<\/li>\n<li>BMO Capital: $467<\/li>\n<li>Barclays: $490<\/li>\n<li>Wells Fargo: $525<\/li>\n<li>Stifel: $475<\/li>\n<li>Citigroup: $538<\/li>\n<li>Deutsche Bank: $560<\/li>\n<\/ul>\n<p>Intuit is the 118<sup>th<\/sup> largest company in the world with a market cap of $108.70 billion.<\/p>\n<p>You can trade Intuit Inc. (NASDAQ: INTU) and many other stocks from the NYSE, NASDAQ, HKEX, ASX, LSE and DE with Wixad as a Share CFD.<\/p>\n<p>Sources: Intuit Inc., TradingView, MarketWatch, MetaTrader 5, Benzinga, CompaniesMarketCap<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intuit Inc. (NASDAQ: INTU) reported its latest financial results for the first quarter of fiscal 2023, which ended October 31, after the market close in the US on Tuesday. The US software company beat both revenue and earnings per share (EPS) estimates for the quarter. Intuit reported revenue of $2.597 billion (up by 29% year-over-year) [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2816],"tags":[],"class_list":["post-510584","post","type-post","status-publish","format-standard","hentry","category-shares-and-indices"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Intuit results exceed expectations - Wixad<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gomarkets.com\/en\/articles\/shares-and-indices\/intuit-results-exceed-expectations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intuit results exceed expectations - Wixad\" \/>\n<meta property=\"og:description\" content=\"Intuit Inc. (NASDAQ: INTU) reported its latest financial results for the first quarter of fiscal 2023, which ended October 31, after the market close in the US on Tuesday. The US software company beat both revenue and earnings per share (EPS) estimates for the quarter. 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(NASDAQ: INTU) reported its latest financial results for the first quarter of fiscal 2023, which ended October 31, after the market close in the US on Tuesday. The US software company beat both revenue and earnings per share (EPS) estimates for the quarter. Intuit reported revenue of $2.597 billion (up by 29% year-over-year) ","link":"https:\/\/www.gomarkets.com\/en\/articles\/cryptocurrency-trading\/bitcoin-rockets-after-powerful-spike\/","type":"next","category":"cryptocurrency-trading"},"previous":{"id":510506,"slug":"will-blockfi-be-another-ftx","title":"Will BlockFi be another FTX?","date":"2022-11-29 16:04:10","excerpt":"Intuit Inc. (NASDAQ: INTU) reported its latest financial results for the first quarter of fiscal 2023, which ended October 31, after the market close in the US on Tuesday. The US software company beat both revenue and earnings per share (EPS) estimates for the quarter. Intuit reported revenue of $2.597 billion (up by 29% year-over-year) ","link":"https:\/\/www.gomarkets.com\/en\/articles\/cryptocurrency-trading\/will-blockfi-be-another-ftx\/","type":"previous","category":"cryptocurrency-trading"},"category":{"slug":"shares-and-indices"},"_links":{"self":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/posts\/510584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/comments?post=510584"}],"version-history":[{"count":0,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/posts\/510584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/media?parent=510584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/categories?post=510584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/tags?post=510584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}