MOUNTAIN VIEW (dpa-AFX) - Intuit Inc. (INTU) released a profit for its third quarter that increased compared to the same period last year.
The company said its bottom line rose to $893 million, or $3.43 per share. This was higher than $804 million, or $2.85 per share, in last year's third quarter.
Analysts had expected the company to earn $3.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.5% to $2.30 billion. This was up from $2.14 billion last year.
Intuit Inc. earnings at a glance:
-Earnings (Q3): $893 Mln. vs. $804 Mln. last year. -Earnings Growth (Y-o-Y): 11.1% -EPS (Q3): $3.43 vs. $2.85 last year. -EPS Growth (Y-o-Y): 20.4% -Analysts Estimate: $3.21 -Revenue (Q3): $2.30 Bln vs. $2.14 Bln last year. -Revenue Change (Y-o-Y): 7.5%
-Guidance: Next quarter revenue guidance: $720 - $740 Mln Full year EPS guidance: $3.63 - $3.65 Full year revenue guidance: $4.660 - $4.680 Bln
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