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Intuit Earnings, Revenue Beat in Q3 -Breaking

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© ReutersItuit Earnings, Revenue Beat in Q3

Investing.com – Intuit (NASDAQ.) On Tuesday, the third quarter ended with revenue surpassing expectations.

Intuit posted earnings per share for $5.63B in revenue and announced $7.65 earnings per share. Investing.com polled analyst to predict EPS of $7.58 based on $5.51B in revenue.

Intuit shares have fallen 44% since the start of the year. However, they are still below 49.92% of its 52-week high of $716.86 on November 19, 2021. The Nasdaq is also down 28% since the beginning of the year.

Ituit reports on other notable earnings from the Information Technology industry this month

Intuit reports on an Apple earnings beat of April 28 which saw EPS reported at $1.52 for $97.28B on revenue, while forecasts called for EPS to be $1.42 on revenue $94.03B.

Microsoft beat all expectations with a third quarter earnings per share of $2.22 on $49.36B in revenue, as compared to the forecast of EPS at $2.19 for $49.02B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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