QuickBooks Online Growth Seen Driving Intuit Stock

By | November 18, 2015

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Intuit (INTU) is set to release Q1 earnings Thursday after the close, with subscriber growth for QuickBooks Online sure to get a lot of attention. Analysts polled by Thomson Reuters expect earnings per share minus items to fall to 4 cents from 10 cents in the year-earlier quarter. They see revenue slipping a fraction, to $670.3 million, for the quarter ended on or near Oct. 31. The company is amid a transition, in August announcing it would sell Scalper1 News

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