Intuit earnings, Revenue beat in Q3

  • Investing.com
  • Stock Market News
Intuit earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - Intuit (NASDAQ: INTU ) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Intuit announced earnings per share of $7.65 on revenue of $5.63B. Analysts polled by Investing.com anticipated EPS of $7.58 on revenue of $5.51B.

Intuit shares are down 44% from the beginning of the year and are trading at $371.38 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 27.88% year to date.

Intuit shares gained 3.46% in after-hours trade the report.

Intuit follows other major Information Technology sector earnings this month

Intuit's report follows an earnings beat by Apple on Thursday, April 28, 2022, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.

Microsoft had beat expectations on Tuesday, April 26, 2022 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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