Intuit: Fiscal Q1 Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) _ Intuit Inc. (INTU) on Tuesday reported fiscal first-quarter profit of $40 million. On a per-share basis, the Mountain ...

November 30, 2022
5:06 AM

MOUNTAIN VIEW, Calif. (AP) _ Intuit Inc. (INTU) on Tuesday reported fiscal first-quarter profit of $40 million. On a per-share basis, the Mountain View, California-based company said it had profit of 14 cents. Earnings, adjusted for one-time gains and costs, came to $1.66 per share. The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share. The maker of TurboTax, QuickBooks and other accounting software posted revenue of $2.