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