Intuit Inc. Backs Q1,FY15, Outlook - Quick Facts

(RTTNews) - Intuit Inc. (INTU) on Tuesday reiterated its outlook for the first quarter and fiscal year 2015.

For the first quarter, the company continues to expect adjusted loss per share in the range of $0.20 - $0.21, on revenues of $620 million - $630 million. The company still expects operating loss in the range of $155 million - $160 million and loss per share of $0.36 - $0.37. Analysts currently expect loss of $0.21 per share on revenue of $620.59 million for the quarter.

For the fiscal 2015, the group continues to see adjusted earnings per share in the range of $2.45 - $2.50, on revenues of $4.275 billion - $4.375 billion. The company still expects operating income between $800 million and $830 million, and earnings per share of $1.70 - $1.75. Analysts project earnings of $2.48 per share on revenue of $4.34 billion for the year.

In addition, looking beyond fiscal 2015, the company also backed its financial outlook for fiscal 2017, for which it continues to forecast adjusted earnings per share of about $4.25 on revenues of nearly $5.8 billion.