Intuit

Intuit ($INTU (+1,6%)) and Amazon ($AMZN (+0,14%)) announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business. By leveraging Intuit's AI-driven expert platform, millions of Amazon sellers will be able to discover and access Intuit's platform seamlessly, benefiting from powerful financial insights like profitability, cash flow, and estimated tax liabilities to fuel their growth. QuickBooks will become Amazon's preferred partner for financial management solutions integrated directly in Amazon Seller Central, the Amazon site where sellers manage their businesses. "Intuit and Amazon are providing financial tools for millions of Amazon sellers to thrive in Amazon's store," said Intuit CEO Sasan Goodarzi. "We know businesses that use Intuit's QuickBooks platform have a nearly 20-point higher success rate than those who don't. We're proud to partner with Amazon to bring the benefits of our AI-driven expert platform to help sellers boost their revenue and profitability, save time, and grow with confidence."

$INTU (+1,6%) | Intuit Q1 Earnings Highlights:

🔹 Adjusted EPS: $2.50 (Est. $2.35) 🟢

🔹 Revenue: $3.28B (Est. $3.14B) 🟢; UP +10% YoY

Q2 Guidance:

🔹 Revenue: $3.81B-$3.85B (Est. $3.88B) 🔴; UP +13-14% YoY

🔹 Adjusted EPS: $2.55-$2.61 (Est. $3.25) 🔴

FY25 Guidance:

🔹 Revenue: $18.16B-$18.35B (Est. $18.26B) 🟡; UP +12-13% YoY

🔹 Non-GAAP Operating Income: $7.24B-$7.32B; UP +13-14% YoY

🔹 Non-GAAP EPS: $19.16-$19.36; UP +13-14% YoY

OTHER Q1 METRICS:

🔹 Service Revenue: $2.89B

🔹 Product/Other Revenue: $394M

🔹 GAAP Net Income: $197M; DOWN -18% YoY

🔹 Non-GAAP Operating Income: $953M; DOWN -1% YoY

🔹 R&D Expenses: $704M (Est. $722.6M) 🟡

Q1 SEGMENTS:

Global Business Solutions Group:

🔹 Revenue: $2.50B; UP +9% YoY

🔹 Online Ecosystem Revenue: $1.90B (Est. $1.97B) 🔴; UP +20% YoY

🔹 Desktop Ecosystem Revenue: $480M (Est. $580.7M) 🔴; DOWN -17% YoY

🔸 Credit Karma Revenue: $524M (Est. $430M) 🟢; UP +29% YoY

🔸 Consumer Group Revenue: $176M (Est. $168.6M) 🟢; DOWN -6% YoY

🔸 ProTax Group Revenue: $39M (Est. $37.6M) 🟡; DOWN -7% YoY

Profitability Metrics:

🔹 GAAP Operating Income: $271M; DOWN -12% YoY

🔹 GAAP EPS: $0.70; DOWN -18% YoY

🔹 Non-GAAP Operating Margin: 29.0% (Est. 28.6%) 🟡

Cash Flow and Balance Sheet:

🔹 Cash & Investments: $3.4B

🔹 Total Debt: $6.1B

🔹 Share Repurchases: $570M

🔹 Quarterly Dividend: $1.04 per share (+16% YoY)

Management Commentary:

🔸 CEO Sasan Goodarzi:

"We've had a strong start to the year as we demonstrate the power of Intuit's AI-driven expert platform strategy. By delivering 'done-for-you' experiences enabled by AI, we continue to fuel the success of consumers and businesses."

Road to 40k by 21

Focus 99.99% on dividend growth 

Hi everyone today’s market looks kinda sad so far, I just wanted to share my new entry position of $INTU (+1,6%) stock, bc the current price looks reasonable for me and also add more shares of $MSFT (+0,01%) , $MRK (+0,21%)

Sold out 50 shares of $PLTR (-2,24%) and took a profit of around 50% ( it’s never wrong to take profit I guess) 

Any thoughts on it

Intuit Earnings $INTU (+1,6%)