Intuit Inc. (INTU) announced after the bell Wednesday that it expects approximately 4 percent revenue growth in TurboTax for the 2013 fiscal year. The company now expects to report third quarter non-GAAP EPS of $2.92 to $2.94, compared to prior expectations of $2.99 to $3.04. Full year 2013 non-GAAP EPS is now expected to be between $3.31 and $3.35, compared to previous guidance of $3.40 to $3.46.
Intuit has gapped open sharply lower Thursday and is now down 7.91 at $56.27 on above average volume. The stock has plunged to a 9-month low.
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