Intuit (Nasdaq: INTU ) is expected to report Q4 earnings on Aug. 21. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Intuit's revenues will improve 10.0% and EPS will improve 200.0%.
The average estimate for revenue is $652.5 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Intuit chalked up revenue of $1.95 billion. GAAP reported sales were 5.2% higher than the prior-year quarter's $1.85 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $2.51. GAAP EPS of $2.42 for Q3 were 10.0% higher than the prior-year quarter's $2.20 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 89.8%, 130 basis points worse than the prior-year quarter. Operating margin was 56.9%, 50 basis points worse than the prior-year quarter. Net margin was 37.7%, 50 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $4.21 billion. The average EPS estimate is $2.97.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 521 members out of 554 rating the stock outperform, and 33 members rating it underperform. Among 182 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 172 give Intuit a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intuit is outperform, with an average price target of $61.78.
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