Intuit stock rises after tax software company beats profit forecasts
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Intuit said it earned $189 million, or 72 cents a share, in the quarter, compared with $183 million, or 70 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $1 a share, compared with 84 cents a year ago. Revenue rose 12% to $1.5 billion. Analysts polled by FactSet had expected adjusted earnings of 86 cents a share on sales of $1.5 billion.
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https://www.marketwatch.com/story/intuit...latestnews
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Intuit said it earned $189 million, or 72 cents a share, in the quarter, compared with $183 million, or 70 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $1 a share, compared with 84 cents a year ago. Revenue rose 12% to $1.5 billion. Analysts polled by FactSet had expected adjusted earnings of 86 cents a share on sales of $1.5 billion.
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https://www.marketwatch.com/story/intuit...latestnews