Investing.com - Intuit (NASDAQ:INTU) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Intuit announced earnings per share of $1.55 on revenue of $2.67B. Analysts polled by Investing.com anticipated EPS of $1.85 on revenue of $2.73B.
Intuit shares are down 22% from the beginning of the year and are trading at $497.13 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 14.37% from the start of the year.
Intuit follows other major Information Technology sector earnings this month
Intuit's report follows an earnings beat by Apple on Thursday, January 27, 2022, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
NVIDIA had beat expectations on Wednesday, February 16, 2022 with fourth quarter EPS of $1.32 on revenue of $7.64B, compared to forecast for EPS of $1.23 on revenue of $7.42B.
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