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Results: Intuit Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Results: Intuit Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

業績:Intuit Inc. 超出盈利預期,分析師現在有了新的預測
Simply Wall St ·  05/25 21:34

Intuit Inc. (NASDAQ:INTU) shareholders are probably feeling a little disappointed, since its shares fell 8.2% to US$607 in the week after its latest third-quarter results. Intuit reported US$6.7b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$8.42 beat expectations, being 7.2% higher than what the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Intuit after the latest results.

Intuit Inc.(納斯達克股票代碼:INTU)的股東可能會感到有些失望,因爲其股價在公佈最新的第三季度業績後的一週內下跌了8.2%,至607美元。Intuit公佈的收入爲67億美元,與分析師的預測大致一致,儘管8.42美元的法定每股收益(EPS)超出預期,比分析師的預期高出7.2%。對於投資者來說,這是一個重要時刻,因爲他們可以在報告中追蹤公司的業績,看看專家對明年的預測,看看對該業務的預期是否有任何變化。讀者會很高興得知我們已經彙總了最新的法定預測,以了解分析師在最新業績公佈後是否改變了對Intuit的看法。

earnings-and-revenue-growth
NasdaqGS:INTU Earnings and Revenue Growth May 25th 2024
NASDAQGS: INTU 收益和收入增長 2024 年 5 月 25 日

Taking into account the latest results, the current consensus from Intuit's 26 analysts is for revenues of US$18.2b in 2025. This would reflect a solid 15% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to expand 13% to US$12.39. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$18.0b and earnings per share (EPS) of US$12.13 in 2025. So the consensus seems to have become somewhat more optimistic on Intuit's earnings potential following these results.

考慮到最新結果,Intuit的26位分析師目前的共識是,2025年收入爲182億美元。這將反映其在過去12個月中收入穩步增長15%。預計每股法定收益將增長13%,至12.39美元。然而,在最新業績公佈之前,分析師曾預計2025年收入爲180億美元,每股收益(EPS)爲12.13美元。因此,在這些業績公佈後,人們對Intuit的盈利潛力的共識似乎變得更加樂觀了。

There's been no major changes to the consensus price target of US$699, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Intuit analyst has a price target of US$760 per share, while the most pessimistic values it at US$520. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

699美元的共識目標股價沒有重大變化,這表明每股收益前景的改善不足以對股票估值產生長期的積極影響。但是,還有另一種思考價格目標的方法,那就是研究分析師提出的價格目標範圍,因爲範圍廣泛的估計可能表明,對業務可能的結果有不同的看法。最樂觀的Intuit分析師將目標股價定爲每股760美元,而最悲觀的分析師則將其估值爲520美元。這表明估值仍然存在一點差異,但分析師似乎對該股的看法並不完全分歧,好像這可能是成功或失敗一樣。

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that Intuit's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 12% growth on an annualised basis. This is compared to a historical growth rate of 19% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 13% annually. Factoring in the forecast slowdown in growth, it looks like Intuit is forecast to grow at about the same rate as the wider industry.

從現在的大局來看,我們可以理解這些預測的方法之一是看看它們如何與過去的業績和行業增長預期相比較。很明顯,預計Intuit的收入增長將大幅放緩,到2025年底,收入按年計算預計將增長12%。相比之下,過去五年的歷史增長率爲19%。將其與業內其他有分析師報道的公司並列,預計這些公司的收入(總計)每年將增長13%。考慮到預期的增長放緩,預計Intuit的增長速度將與整個行業大致相同。

The Bottom Line

底線

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Intuit's earnings potential next year. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

對我們來說,最大的收穫是共識的每股收益上調,這表明人們對Intuit明年盈利潛力的看法明顯改善。他們還重申了收入預期,預計該公司的增長速度將與整個行業大致相同。共識目標股價沒有實際變化,這表明根據最新估計,該業務的內在價值沒有發生任何重大變化。

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Intuit going out to 2026, and you can see them free on our platform here.

話雖如此,公司收益的長期軌跡比明年重要得多。我們對Intuit的預測將持續到2026年,你可以在我們的平台上免費查看。

It might also be worth considering whether Intuit's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

此處使用我們在Simply Wall St平台上的債務分析工具,可能還值得考慮Intuit的債務負擔是否合適。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

譯文內容由第三人軟體翻譯。


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