Investing.com - Intuit (NASDAQ:INTU) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intuit announced earnings per share of $0.94 on revenue of $1.32B. Analysts polled by Investing.com anticipated EPS of $0.41 on revenue of $1.2B.
Intuit shares are up 38% from the beginning of the year, still down 4.06% from its 52 week high of $376.86 set on November 9. They are outperforming the S&P 500 which is up 10.83% 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 October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar