Intuit Inc. (NASDAQ:INTU) will release earnings for its third quarter after the closing bell on Wednesday, May 20.
Analysts expect the Mountain View, California-based company to report quarterly earnings of $12.57 per share, up from $11.65 per share in the year-ago period. The consensus estimate for Intuit's quarterly revenue is $8.54 billion (it reported $7.75 billion last year), according to Benzinga Pro.
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On March 16, Intuit said it will significantly speed up its share‑repurchase program and revealed that its senior leadership team is canceling all pre‑scheduled stock‑sale plans.
Intuit shares fell 0.9% to close at $399.71 on Tuesday.
