(Boursier.com) — intuitive climbs before the stock market on Wall Street, the day after a financial publication higher than market expectations for its fourth fiscal quarter. Over the period, the financial software giant made adjusted earnings per share of $1.1, compared to a consensus of 98 cents and a level of $1.97 a year earlier. Revenues totaled $2.41 billion in the quarter ended July, compared to around $2.3 billion consensus and $2.56 billion a year earlier. The board of directors also approved a new share buyback authorization of $2 billion, bringing the total potential amount of buybacks to $3.5 billion. The approved quarterly dividend is 78 cents. For the 2023 fiscal year just started, revenues are expected between 14.485 and 14.7 billion, up 14 to 16%, while adjusted earnings per share are expected to be between $13.59 and $13.89, an increase from 15 to 17%.
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