Intuit announced earnings per share of $1.81 on revenue of $1.82B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $1.56B.
Intuit shares are up 37% from the beginning of the year, still down 0.10% from its 52 week high of $337.23 set on August 25. They are outperforming the Nasdaq 100 which is up 34.22% from the start of the year.
Intuit’s report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Alphabet C had beat expectations on July 30 with second quarter EPS of $10.13 on revenue of $38.3B, compared to forecast for EPS of $7.95 on revenue of $37.33B.
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