Intuit, Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Intuit, Inc. (NASDAQ:INTU) will unveil its latest earnings on Thursday, August 18, 2011. Intuit Inc. provides business and financial management solutions for businesses, consumers, accounting professionals and financial institutions.

Intuit, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 10 cents per share, a narrower loss from the year earlier quarter net loss of 11 cents. During the past three months, the average estimate has moved down from a loss of 9 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at a loss of 10 cents during the last month. For the year, analysts are projecting net income of $2.18 per share, a rise of 17.8% from last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported profit of $2.23 per share against a mean estimate of net income of $2.19 per share. In the second quarter, it missed forecasts by one cent.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

Wall St. Revenue Expectations: On average, analysts predict $583.1 million in revenue this quarter, a rise of 8.6% from the year ago quarter. Analysts are forecasting total revenue of $3.84 billion for the year, a rise of 11% from last year’s revenue of $3.46 billion.

Analyst Ratings: Analysts are bullish on this stock with 12 analysts rating it as a buy, none rating it as a sell and seven rating it as a hold.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 15% to $1.85 billion in third quarter. The figure rose 4.9% in the second quarter from the year earlier, climbed 7.9% in the first quarter from the year-ago quarter and 12.9% in the fourth quarter of the last fiscal year.

Competitors to Watch: Microsoft Corporation (NASDAQ:MSFT), H&R Block, Inc. (NYSE:HRB), Fiserv, Inc. (NASDAQ:FISV), NetSuite Inc. (NYSE:N), salesforce.com, inc. (NYSE:CRM), Nuance Communications Inc. (NASDAQ:NUAN), Fidelity National Information Services (NYSE:FIS), Paychex, Inc. (NASDAQ:PAYX), Automatic Data Processing (NASDAQ:ADP), and Oracle Corporation (NASDAQ:ORCL).

Stock Price Performance: During May 18, 2011 to August 12, 2011, the stock price had fallen $11.89 (-21.9%) from $54.28 to $42.39. It saw one of its worst periods between July 5, 2011 and July 14, 2011 when shares fell for eight-straight days, falling 6.1% (-$3.17) over that span. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 8, 2011 when shares rose for eight-straight days, rising 4.8% (+$2.26) over that span. Shares are down $6.91 (-14%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

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