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INTUIT STANDS BY FISCAL GUIDANCE
Intuit has reiterated the guidance it gave Wall Street for its expectations about the company's financial performance for the year ending July 31, 2010 with its financial institutions business expected to show the most growth.
The statement, issued at this week's Investor's Day, shows an 6 percent to 10 percent range of revenue growth for that segment. The company foresees revenue increases for its Small Business Group, which includes QuickBooks, of 4 percent to 8 percent. Consumer Tax revenues are expected to rise by 5 percent to 9 percent and income from the Accounting Professionals operations to go up from 3 percent to 7 percent.
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