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With a market cap of $157 billion, Intuit Inc. (INTU) provides financial management, compliance, and marketing products and services in the United States. Headquartered in Mountain View, California, the company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. INTU is expected to report its Q3 earnings on Thursday, May 22.
Ahead of the event, analysts expect INTU to report a profit of $9.63 per share, up 11.6% from a profit of $8.63 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in each of the past four quarters, which is notable. In the previous quarter, it reported an EPS of $2.07, which surpassed the consensus estimates by 63%, thanks to robust revenue growth across its segments.