Despite not changing over the past month, the consensus estimate is down from three months ago when it was zero cents. Analysts are projecting earnings of $3.12 per share for the fiscal year. Revenue is projected to be $699.5 million for the quarter, 85% above the year-earlier total of $378 million. For the year, revenue is projected to come in at $4.49 billion.
Over the last four quarters, revenue has increased more than twofold on average year-over-year. The biggest increase came in the most recent quarter, when revenue rose more than sixfold from the year-earlier quarter.
Intuit saw profit in the last quarter, snapping a three-quarter streak of losses.
Analysts are split on Intuit, but six of 12 analysts rate it hold.
Other companies in the technology sector include:
Earnings estimates provided by Zacks.
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