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Thursday, November 19, 2015

Intuit (INTU) reported earnings Thu 19 Nov 2015 (after close)

** charts before earnings **





** charts after earnings **





Intuit beats by $0.13, beats on revs; guides Q2 above consensus; raises FY16 EPS guidance :
  • Reports Q1 (Oct) earnings of $0.09 per share, excluding non-recurring items, $0.13 better than the Capital IQ Consensus of ($0.04); revenues rose 16.5% year/year to $713 mln vs the $670.88 mln Capital IQ Consensus.
  • Co issues upside guidance for Q2, sees EPS of $0.17-0.20, excluding non-recurring items, vs. $0.05 Capital IQ Consensus Estimate; sees Q2 revs of $880-900 mln vs. $826.69 mln Capital IQ Consensus Estimate.
  • Co issues upside guidance for FY16, sees EPS of $3.45-3.50 from $3.40-3.45, excluding non-recurring items, vs. $3.43 Capital IQ Consensus Estimate.

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