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Intuit, Inc. (INTU) Tops Q4 EPS by 2c; Guides Q1, FY12; OKs $2B Buyback; Declares 15c Qtr. Dividend

August 18, 2011 4:03 PM EDT
Intuit, Inc. (NASDAQ: INTU) reported Q4 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $593 million versus the consensus estimate of $583.06 million.

Intuit, Inc. sees FY2012 EPS of $2.85-$2.94, versus the consensus of $2.84. Intuit, Inc. sees FY2012 revenue of $4.185-$4.285 billion, versus the consensus of $4.19 billion.

Sees Q1 loss of $0.11 to $0.13, versus ($0.11) consensus. Sees Q112 revs of $575 to $585 million, versus $580 million consensus.

Authorizes $2 billion buyback.

Declares $0.15 quarterly dividend.


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