Intuit (INTU) Stock Analysis: Buy INTU Stock After Earnings Miss?


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This evening Intuit (#INTU) announced their Q2 earnings and missed analyst expectations. The company reported Q2 GAAP EPS of $0.07 (miss by $0.05) and revenue of $1.6B (-7% Y/Y).


Shares of #Intuit are down -3.82% in post market after reporting the miss and may give investors a buy on dip opportunity. Although revenue was down, the company gave guidance for Q3 of +55% revenue growth since completing their acquisition of Credit Karma.


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Thanks to the Intuit website for the photo of Founder Scott Cook