Intuit Hits New High Following Earnings Beat

By | February 20, 2015

Scalper1 News

Intuit (INTU) stock hit an all-time high Friday after the maker of tax preparation software’s quarterly earnings exceeded views. Intuit late Thursday reported revenue of $808 million, up 3% from the year-earlier period, for its fiscal Q2 ended Jan. 31. It was above the consensus estimate of $786.6 million among analysts polled by FactSet Research. Intuit reported a per-share loss of 6 cents, but analysts were expecting a loss of 13 cents. The Scalper1 News

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