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Intuit shares fall 2% regardless of This fall beat By allskynews

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Intuit (NASDAQ:) shares fell greater than 2% after-hours regardless of the corporate reporting better-than-expected This fall outcomes.

got here in at $1.65, higher than the consensus estimate of $1.43. Income grew 12% year-over-year to $2.7 billion, beating the consensus estimate of $2.64B.

“We had a really sturdy fourth quarter, ending the yr with momentum, as we executed on our technique to be the worldwide AI-driven knowledgeable platform powering prosperity for shoppers and small companies,” stated CEO Sasan Goodarzi.

For Q1/24, the corporate expects EPS within the vary of $1.94-$2.00, in comparison with the consensus of $1.99. Income development is predicted to be within the vary of 10-11%.

For the total yr, the corporate sees EPS at $16.17-$16.47, in comparison with the consensus of $15.95, and income of $15.89-$16.105B, in comparison with the consensus of $15.99B.

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