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Intuit (INTU) Shares Fall on EPS Miss, Analysts Remain Positive

February 25, 2022 6:36 AM EST

Shares of Intuit (NASDAQ: INTU) are down nearly 5% in premarket trading Friday after the company missed analyst estimates for full-year revenue.

Intuit reported Q2 adjusted EPS of $1.55, below the analyst consensus of $1.83 per share and up from 68 cents per share in the year-ago period. Net revenue came in at $2.67 billion, up 70%, and slightly above the expected $2.66 billion.

"We see continued strong momentum across the company as we focus on our mission to power prosperity and solve our customers biggest financial problems," said Sasan... More