Intuit Expects 3Q Revenue To Rise By 10% to 11%
25 February 2020 - 9:21AM
Dow Jones News
By Kimberly Chin
Intuit Inc. said Monday it expects revenue for the fiscal third
quarter to increase by 10% to 11%.
For the three-month period ended April 30, it expects GAAP
earnings between $5.53 and $5.58 a share and adjusted earnings in
the range of $5.90 to $5.95 a share.
The company affirmed its fiscal 2020 outlook of revenue between
$7.44 billion and $7.54 billion and per-share GAAP earnings between
$6.35 and $6.45. It continues to project full-year adjusted
earnings of $7.50 to $7.60 a share.
Shares of Intuit rose 1.6% in after-hours trading to $291.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
February 24, 2020 17:06 ET (22:06 GMT)
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