Intuit is a financial software company that specializes in developing solutions to simplify and improve personal and business finance management
The company is best known for its flagship products like TurboTax, which assists individuals in preparing and filing taxes; QuickBooks, which provides accounting tools for small businesses; and Mint, a personal finance application that helps users track their spending and budgeting. Intuit focuses on leveraging technology and innovation to deliver user-friendly, cloud-based services that empower individuals and businesses to manage their financial affairs more effectively.
NASDAQ:INTU is scoring great on several growth aspects while it also shows decent health and profitability. At the same time it remains remains attractively priced.
What has Wall Street been buzzing about this week? Here is a look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Jan. 13-17, 2025.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Intuit (NASDAQINTU) and its peers.
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Shares of tax and accounting software provider, Intuit (NASDAQINTU)
fell 6.5% in the morning session after the company reported weak third-quarter results and provided revenue guidance for the next quarter, which fell short of Wall Street's estimates. Its EPS guidance missed by even more. On the other hand, sales and earnings exceeded expectations during the quarter. Overall, this was a softer quarter, and the stock's reaction suggests markets were expecting stronger guidance following the earnings beat.
