Intuit (INTU) Beats Q1 Earnings and Revenue Estimates

Intuit (INTU) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.93%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $1.86 per share when it actually produced earnings of $1.99, delivering a surprise of 6.99%. ...