Intuit Beats EPS, Shares Topple
Intuit Inc. (NASDAQ:INTU) reported third quarter 2012 adjusted earnings of $2.43 per share, beating the Zacks Consensus Estimate of $2.39. Despite the earnings beat, shares fell 1.25% in the day’s trade and 0.11% after hours. The share price indicates investor concern due to lowering of fiscal 2012 revenue and EPS guidance. Revenue Intuit reported revenues [...]
Intuit Inc. (NASDAQ:INTU) reported third quarter 2012 adjusted earnings of $2.43 per share, beating the Zacks Consensus Estimate of $2.39. Despite the earnings beat, shares fell 1.25% in the day’s trade and 0.11% after hours. The share price indicates investor concern due to lowering of fiscal 2012 revenue and EPS guidance.
Revenue
Intuit reported revenues of $1.95 billion in the third quarter, up 5.2% from $1.85 billion in the prior-year quarter. Reported revenue was in line with the lower end of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards