Intuit Inc. (INTU) reported fourth quarter non-GAAP net income of $0.03 per share after the bell Tuesday, up from $0.02 per share in the prior year. The consensus estimate was for EPS of $0.06. The company expects to report a first quarter non-GAAP EPS loss of $0.06 to $0.07, compared to the consensus estimate of a loss of $0.08. Full year non-GAAP EPS is expected to be between $3.32 and $3.38, compared to the consensus estimate of $3.37. The stock is now down 1.65 on 59K shares.
Intuit pulled back during the second half of the morning Tuesday and closed down by 0.40 at $58.95.
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