INTU – Market expectations are for rapid Uniform ROA expansion, and management is confident about favorable trends, France, and QuickBooks Online Advanced

• Intuit Inc. (INTU:USA) currently trades above historical averages relative to UAFRS-based (Uniform) Earnings, with a 34.9x Uniform P/E, implying bullish expectations for the firm. Moreover, management is confident about favorable trends in the tax preparation and self-employed customer markets, their performance in France, and their enterprise version of QuickBooks
• Specifically, management is confident about favorable trends in the assisted tax preparation market, and about their decision to sell their data center as part of their cloud strategy. Also, they are confident in the results they are seeing in France and about the growth of the self-employed customer market. Additionally, they are confident about the enterprise version of QuickBooks, QuickBooks Online Advanced, and in their objective to grow revenues faster than expenses