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Here's What Key Metrics Tell Us About Intuit (INTU) Q4 Earnings
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Intuit (INTU - Free Report) reported $3.18 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 17.4%. EPS of $1.99 for the same period compares to $1.65 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.08 billion, representing a surprise of +3.23%. The company delivered an EPS surprise of +6.99%, with the consensus EPS estimate being $1.86.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Intuit performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net revenue- Consumer
: $113 million compared to the $119.15 million average estimate based on six analysts. The reported number represents a change of -11.7% year over year.
Net revenue- Small Business & Self-Employed
: $2.56 billion compared to the $2.50 billion average estimate based on six analysts. The reported number represents a change of +19.9% year over year.
Net revenue- Credit Karma
: $485 million versus $439.93 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +14.4% change.
Net revenue- ProTax
: $29 million versus $28.22 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.6% change.
Net revenue- Small Business & Self-Employed- Total Online Ecosystem
: $1.83 billion versus the five-analyst average estimate of $1.86 billion. The reported number represents a year-over-year change of +18.1%.
Net revenue- Small Business & Self-Employed- Total Desktop Ecosystem
: $725 million compared to the $636.26 million average estimate based on five analysts. The reported number represents a change of +24.8% year over year.
Net revenue- Small Business & Self-Employed- Desktop Ecosystem- Desktop Services and Supplies
: $305 million compared to the $287.42 million average estimate based on four analysts. The reported number represents a change of +9.7% year over year.
Net revenue- Small Business & Self-Employed- Online Ecosystem- Online Services
: $937 million versus the four-analyst average estimate of $948.39 million. The reported number represents a year-over-year change of +18.8%.
Net revenue- Small Business & Self-Employed- Online Ecosystem- QuickBooks Online Accounting
: $895 million versus $917.40 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +17.5% change.
Net revenue- Small Business & Self-Employed- Desktop Ecosystem- QuickBooks Desktop Accounting
: $420 million compared to the $345.22 million average estimate based on four analysts. The reported number represents a change of +38.6% year over year.
Net revenue- Service
: $2.67 billion versus $2.58 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13.2% change.
Net revenue- Product and other
: $514 million compared to the $396.04 million average estimate based on four analysts. The reported number represents a change of +45.6% year over year.
Shares of Intuit have returned -0.7% over the past month versus the Zacks S&P 500 composite's +6.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Intuit (INTU) Q4 Earnings
Intuit (INTU - Free Report) reported $3.18 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 17.4%. EPS of $1.99 for the same period compares to $1.65 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.08 billion, representing a surprise of +3.23%. The company delivered an EPS surprise of +6.99%, with the consensus EPS estimate being $1.86.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Intuit performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Intuit here>>>Net revenue- Consumer
: $113 million compared to the $119.15 million average estimate based on six analysts. The reported number represents a change of -11.7% year over year.Net revenue- Small Business & Self-Employed
: $2.56 billion compared to the $2.50 billion average estimate based on six analysts. The reported number represents a change of +19.9% year over year.Net revenue- Credit Karma
: $485 million versus $439.93 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +14.4% change.Net revenue- ProTax
: $29 million versus $28.22 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.6% change.Net revenue- Small Business & Self-Employed- Total Online Ecosystem
: $1.83 billion versus the five-analyst average estimate of $1.86 billion. The reported number represents a year-over-year change of +18.1%.Net revenue- Small Business & Self-Employed- Total Desktop Ecosystem
: $725 million compared to the $636.26 million average estimate based on five analysts. The reported number represents a change of +24.8% year over year.Net revenue- Small Business & Self-Employed- Desktop Ecosystem- Desktop Services and Supplies
: $305 million compared to the $287.42 million average estimate based on four analysts. The reported number represents a change of +9.7% year over year.Net revenue- Small Business & Self-Employed- Online Ecosystem- Online Services
: $937 million versus the four-analyst average estimate of $948.39 million. The reported number represents a year-over-year change of +18.8%.Net revenue- Small Business & Self-Employed- Online Ecosystem- QuickBooks Online Accounting
: $895 million versus $917.40 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +17.5% change.Net revenue- Small Business & Self-Employed- Desktop Ecosystem- QuickBooks Desktop Accounting
: $420 million compared to the $345.22 million average estimate based on four analysts. The reported number represents a change of +38.6% year over year.Net revenue- Service
: $2.67 billion versus $2.58 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13.2% change.Net revenue- Product and other
: $514 million compared to the $396.04 million average estimate based on four analysts. The reported number represents a change of +45.6% year over year.Shares of Intuit have returned -0.7% over the past month versus the Zacks S&P 500 composite's +6.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.