Intuit (INTU) To Report Q1 Earnings: What Lies In Store?

 | Nov 17, 2019 09:49PM ET

Intuit Inc. (NASDAQ:INTU) is scheduled to release first-quarter fiscal 2020 results on Nov 21.

The company expects revenues of $1.12-$1.13 billion, up 10-12% year over year. The Zacks Consensus Estimate is pegged at $1.12 billion, implying 10.6% jump from the year-ago reported figure.

Intuit anticipates non-GAAP earnings in the band of 23-25 cents per share. The consensus estimate for the same is pegged at 26 cents, indicating a decline of 10.3%.

Its earnings beat estimates in all the trailing four quarters, the average being 54.7%.

Intuit Inc. Price and EPS Surprise

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