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Intuit Inc. Q2 Profit Advances

Intuit Inc. (INTU) released earnings for its second quarter that increased from last year.

The company said its bottom line rose to $91 million, or $0.35 per share. This was up from $67 million, or $0.26 per share, in last year's second quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.7% to $1.17 billion. This was up from $1.02 billion last year.

Intuit Inc. earnings at a glance:

-Earnings (Q2): $91 Mln. vs. $67 Mln. last year.
-Earnings Growth (Y-o-Y): 35.8%
-EPS (Q2): $0.35 vs. $0.26 last year.
-EPS Growth (Y-o-Y): 34.6%
-Analysts Estimate: $0.34
-Revenue (Q2): $1.17 Bln vs. $1.02 Bln last year.
-Revenue Change (Y-o-Y): 14.7%

by RTT Staff Writer

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