Intuit Rides TurboTax, Stock Leaps To New High

By | May 22, 2015

Scalper1 News

Turbo Tax software maker Intuit (INTU) stock hit an all-time high Friday after the company reported better-than-expected Q3 results. Mountain View, Calif.-based Intuit late Thursday reported revenue of $2.19 billion, down 8% year over year for its fiscal Q3, which ended April 30. Analysts had expected $2.14 billion. EPS ex items fell 19% to $2.85, down 19% year over year. But it topped the $2.75 that analysts polled by FactSet were expecting. For Scalper1 News

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