© Reuters. Intuit Earnings, Revenue Beat in Q4
biedexmarkets.com – Intuit (NASDAQ:) reported on Tuesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Intuit announced earnings per share of $1.97 on revenue of $2.56B. Analysts polled by biedexmarkets.com anticipated EPS of $1.59 on revenue of $2.31B.
Intuit shares are up 45% from the beginning of the year, still down 0.14% from its 52 week high of $554.75 set on August 24. They are outperforming the S&P 500 which is up 19.46% from the start of the year.
Intuit follows other major Technology sector earnings this month
Intuit’s report follows an earnings beat by Apple on July 27, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on July 27 with second quarter EPS of $27.26 on revenue of $61.88B, compared to forecast for EPS of $19.33 on revenue of $56.19B.
Stay up-to-date on all of the upcoming earnings reports by visiting biedexmarkets.com’s earnings calendar