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Intuit Reports Higher-Than-Expected EPS and Declares Quarterly Dividend

Intuit logoIntuit
Sig1.62Sen+2.15Env0.00Soc0.00Gov0.00

Intuit reported quarterly earnings of $4.03 per share, beating the $3.58 consensus estimate, and declared a quarterly dividend of $1.38 per share. Investors of record on October 8 will receive the dividend on October 16. The payout ratio is 29.09%. Several investors adjusted holdings, while analysts cut price targets but kept buy ratings, with current-year EPS expectations at 23.07.

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