How did INTU's Q3 2025 EPS forecast compare to past quarters?
4/6/2025 04:24pm
Intuit's Q3 2025 EPS forecast was $10.89 to $10.95, compared to the consensus estimate of $11.53 for Q3 2024. This indicates a slight decrease in the EPS forecast over the past year. However, it's important to note that the company's EPS for Q3 2024 was $10.91, which was very close to the Q3 2025 forecast. This suggests that the company's performance has been relatively stable, with only a slight decline in the EPS forecast over the past year.
1. **Comparison with Q3 2024**: The EPS forecast for Q3 2025 ($10.89 to $10.95) is slightly lower than the EPS reported in Q3 2024 ($10.91).
2. **Stability of Performance**: Despite the slight decrease in the EPS forecast, the company's performance has been stable, with the EPS for Q3 2024 being very close to the Q3 2025 forecast.
3. **Market Sentiment**: The company's stock rallied by 13.12% after topping Wall Street estimates and reiterating its full-year guidance. This positive sentiment could indicate that investors are confident in the company's performance despite the slight decrease in the EPS forecast.
In conclusion, while there has been a slight decrease in the EPS forecast for Q3 2025 compared to Q3 2024, the company's overall performance has been stable, and market sentiment remains positive.