Intuit Caps a Year of Solid Top-Line Growth
Intuit (NASDAQ: INTU) released fiscal fourth-quarter 2017 earnings on Tuesday after the markets closed, concluding a healthy fiscal year in which it overcame a rocky start to tax season. In the company's earnings call with analysts, management also discussed an evolution of the company's business strategy and outlined important investment areas going forward. Let's start by reviewing the headline numbers and key points from the quarter:
Data source: Intuit.
The company held onto its revenue gains for the year: Intuit finished fiscal 2017 with a top-line advance of 10.3% over the prior year.
Source: Fool.com
Intuit Inc. Stock
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With a target price of 649 € there is a slightly positive potential of 11.23% for Intuit Inc. compared to the current price of 583.5 €.
