Intuit (NASDAQ: INTU) reported Q2 EPS of $0.68, $0.23 worse than the analyst estimate of $0.91. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.75 billion.

GUIDANCE:

Intuit sees FY2021 EPS of $6.75-$6.85, versus the consensus of $6.47.

• Revenue growth of approximately 53 to 55 percent.
• GAAP earnings per share of $5.85 to $5.95.
• Non-GAAP diluted earnings per share of $6.75 to $6.85.

Intuit also reiterated guidance for full fiscal year 2021. The company expects:

• Revenue of $8.810 billion to $8.995 billion, growth of approximately 15 to 17 percent.
• GAAP operating income of $1.920 billion to $1.990 billion, a decline of approximately 9 to 12 percent.
• Non-GAAP operating income of $2.975 billion to $3.045 billion, growth of approximately 12 to 14 percent.
• GAAP diluted earnings per share of $5.30 to $5.50, a decline of approximately 21 to 23 percent.
• Non-GAAP diluted earnings per share of $8.20 to $8.40, growth of approximately 4 to 7 percent.

For earnings history and earnings-related data on Intuit (INTU) click here.