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Intuit (INTU) Q1 Earnings Preview: Wall Street's Expectations for Key Financial Metrics

11-19-2024 08:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Looking Lion

Intuit (INTU) Q1 Earnings Preview: Wall Street's Expectations

You Can Buy Intuit QuickBooks In Full Here: https://quickbooks.partnerlinks.io/accountingsoftwarepackage

As Intuit (INTU) approaches the release of its Q1 2025 earnings report, Wall Street analysts are projecting quarterly earnings of $2.36 per share, marking a 4.5% year-over-year decline. Despite this dip, revenues are expected to climb 5.4% year-over-year to reach $3.14 billion.

Over the past 30 days, analysts have slightly revised their earnings estimates upward by 0.1%, signaling a modest reassessment of the company's outlook. These revisions often set the tone for market sentiment, as they reflect analysts' evolving confidence in the company's ability to meet expectations.

While the consensus earnings per share (EPS) and revenue figures offer an initial glimpse into the company's performance, delving into the specific breakdown of key metrics will provide a clearer understanding of how Intuit is positioned across its diverse segments.

You Can Buy Intuit QuickBooks In Full Here: https://quickbooks.partnerlinks.io/accountingsoftwarepackage

Breaking Down the Key Segments

Analysts anticipate several notable trends in Intuit's core segments:

Net Revenue - Consumer: This segment is expected to generate $171.20 million, reflecting an 8.5% year-over-year decline.
Net Revenue - Small Business & Self-Employed: Estimated at $2.50 billion, this reflects a solid 6.8% increase from the previous year.
Net Revenue - Credit Karma: Forecasted to reach $428.32 million, marking a growth of 5.8%.
Net Revenue - ProTax: This segment is expected to generate $38.82 million, a decline of 7.6% year-over-year.
Additionally, the outlook for Intuit's online and desktop ecosystems within its small business and self-employed segment paints a mixed picture:

Small Business & Self-Employed - Total Online Ecosystem: Estimated at $1.92 billion, a strong 18.8% growth compared to the previous year.
Small Business & Self-Employed - Total Desktop Ecosystem: Projected to reach $582.12 million, down 19.8%.
Small Business & Self-Employed - Desktop Ecosystem (Desktop Services and Supplies): Expected to decline by 5.7%, with a forecasted $330.16 million in revenue.
What to Watch for in Q1 Results

You Can Buy Intuit QuickBooks In Full Here: https://quickbooks.partnerlinks.io/accountingsoftwarepackage

As Intuit continues to navigate its various business units, the divergence in performance across its core segments will be crucial for understanding its future growth trajectory. The company's ability to capitalize on cloud-based solutions, such as QuickBooks Online and TurboTax, alongside its efforts to expand Credit Karma, will likely play a key role in meeting or exceeding Wall Street's expectations.

Analysts will also be looking for signs of resilience in Intuit's small business ecosystem, particularly the online components, which continue to outperform traditional desktop services. The overall earnings and revenue results will likely shed light on how Intuit is evolving amidst a challenging macroeconomic environment.

You Can Buy Intuit QuickBooks In Full Here: https://quickbooks.partnerlinks.io/accountingsoftwarepackage

In conclusion, Intuit's Q1 earnings report is poised to provide a comprehensive snapshot of the company's performance, with a particular focus on its ability to balance growth across its diversified portfolio of products. Wall Street's mixed outlook underscores both challenges and opportunities ahead, making this earnings season a critical one for investors keeping an eye on the company's next steps.

Atlanta

Looking Lion is a premier content creation and digital solutions media channel focused on providing innovative resources for businesses navigating the complexities of the modern digital landscape. Through comprehensive publications, and expert insights, we empower organizations to thrive in an ever-evolving marketplace.

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