Headlines

Intuit Inc. (INTU) Q3 26 (USD): Adj. EPS 12.80 (exp. 12.57), Revenue 8.56bln (exp. 8.54bln)

Newsquawk Staff ·

  • Pre-tax profit 4.047bln (exp. 4.604bn)
  • Operating income 4.02bln (exp. 4.625bln).
  • Reducing full-time workforce by 17% to simplify organizational structure
  • To incur about USD 300-340mln in restructuring charges, largely recognized in Q4.
  • Board approved new USD 8bln buyback and maintained dividend of USD 1.20/shr 

Outlook

  • FY adj. EPS view 23.80-23.85 (exp. 23.22), FY revenue of 21.341-21.374bln (exp. 21.42bln).
  • Q4 adj. EPS view 3.56-3.62 (exp. 3.14).

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