Intuit (INTU) Tops Q2 EPS by 13c, Offers Guidance

Intuit (NASDAQ: INTU) reported Q2 EPS of $1.16, $0.13 better than the analyst estimate of $1.03. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.68 billion.

GUIDANCE:

Intuit sees Q3 2020 EPS of $5.90-$5.95, versus the consensus of $6.17.

• Revenue growth of 10 to 11 percent

Intuit sees FY2020 EPS of $7.50-$7.60, versus the consensus of $7.57. Intuit sees FY2020 revenue of $7.44-7.54 billion.

• Revenue of $7.440 billion to $7.540 billion, growth of 10 to 11 percent.
• GAAP operating income of $2.065 billion to $2.115 billion, growth of 11 to 14 percent.
• Non-GAAP operating income of $2.515 billion to $2.565 billion, growth of 10 to 12 percent.
• GAAP diluted earnings per share of $6.35 to $6.45, growth of 8 to 10 percent.

For earnings history and earnings-related data on Intuit (INTU) click here.

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