Intuit, Nordstrom Earnings on Tap
Will Intuit's premium services gain traction? Plus, full-priced selling should help Nordstrom's bottom line.
Market Update
Mentioned: Intuit Inc (INTU)
, Nordstrom Inc (JWN)
Financial-solutions software-provider Intuit (INTU) is slated to report earnings after the bell Thursday. A consensus of analyst estimates forecasts fourth-quarter EPS of $0.26, as opposed to $0.35 in the year-ago quarter.
Analysts will be looking for growth in key products such as small-business accounting software QuickBooks, personal-finance software Quicken, and tax-helper TurboTax, even as other free or low-cost rivals spring up. The ratio of subscribers signing up for premium services after trying out the free services offered by the firm will also be watched.
Nazim Khan does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.