Intuit Shares Rise After Results Top Street View

MarketWatch Pulse

Intuit Inc. shares rose in the extended session Thursday after the tax and accounting software company topped Wall Street expectations. Intuit shares rose 1.6% to $92.60 on moderate volume. The company reported an adjusted second-quarter loss of 6 cents a share on revenue of $808 million. Analysts surveyed by FactSet were expecting a loss of 13 cents a share on revenue of $786.6 million. Intuit reiterated its adjusted earnings outlook of $2.45 to $2.50 a share for the year. Analysts expect $2.47 a share.

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