Intuit Backs Q1, FY16 Outlook, Issues FY17 Earnings Guidance - Quick Facts

(RTTNews) - Intuit Inc. (INTU) announced that it still expects first quarter loss per share to be in the range of $0.26 to $0.27, adjusted loss per share of $0.03 to $0.04 and revenue between $660 million and $680 million. Analysts now expect loss of $0.04 per share on revenues of $670.29 million for the first quarter.

For fiscal 2016, Intuit continues to expect earnings of $2.50 to $2.55 per share, adjusted earnings of $3.40 to $3.45 per share and revenue of $4.525 billion to $4.600 billion. Analysts expect fiscal 2016 earnings of $3.43 per share and revenue of $4.57 billion.

For fiscal 2017, the company expects earnings in the range of $3.25 to $3.75 per share and adjusted earnings per share of $4.00 to $4.05. Analysts currently expect earnings of $4.61 per share.