Investing.com - Intuit (NASDAQ:INTU) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intuit announced earnings per share of $1.81 on revenue of $1.82B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $1.56B.
Intuit shares are up 37% from the beginning of the year and are trading at $336.90 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 34.22% from the start of the year.
Intuit follows other major Technology sector earnings this month
Intuit's report follows an earnings beat by Apple on Thursday, July 30, 2020, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Alphabet C had beat expectations on Thursday, July 30, 2020 with second quarter EPS of $10.13 on revenue of $38.3B, compared to forecast for EPS of $7.95 on revenue of $37.33B.
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