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Investing.com - Intuit reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intuit announced earnings per share of $1.66 on revenue of $2.6B. Analysts polled by Investing.com EPS of $1.19 on revenue of $2.5B.
Intuit 's are down 40% and is trading at $379.71 , still down 45.54% from its 52 week high of $697.27 set on Monday, November 29, 2021.
Intuit follows other major Information Technology sector earnings this month
Intuit's report follows an earnings missed by NVIDIA on Wednesday, November 16, 2022, who reported EPS of $0.58 on revenue of $5.93B, EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on Wednesday, November 16, 2022 with first quarter EPS of $0.86 on revenue of $13.6B, for EPS of $0.84 on revenue of $13.29B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar