Intuit (INTU) Q2 Earnings Report Preview: What To Look For

Published 2 months ago Positive
Intuit (INTU) Q2 Earnings Report Preview: What To Look For
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Financial technology platform Intuit (NASDAQ:INTU) will be reporting earnings this Thursday afternoon. Here’s what you need to know.

Intuit beat analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $7.75 billion, up 15.1% year on year. It was a very strong quarter for the company, with full-year EPS guidance exceeding analysts’ expectations and an impressive beat of analysts’ EBITDA estimates.

Is Intuit a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Intuit’s revenue to grow 17.8% year on year to $3.75 billion, in line with the 17.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.66 per share.Intuit Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Intuit has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Intuit’s peers in the finance and hr software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. BlackLine delivered year-on-year revenue growth of 7.2%, beating analysts’ expectations by 0.7%, and Marqeta reported revenues up 20.1%, topping estimates by 6.9%. BlackLine traded down 4.6% following the results while Marqeta was up 19.9%.

Read our full analysis of BlackLine’s results here and Marqeta’s results here.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the finance and hr software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.6% on average over the last month. Intuit is down 8.2% during the same time and is heading into earnings with an average analyst price target of $834.66 (compared to the current share price of $701.29).

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