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Intuit fiscal Q3'19 EPS rises YOY

Intuit Inc. reported fiscal third-quarter GAAP net income of $1.38 billion, or $5.22 per share, compared to $1.19 billion, or $4.53 per share, a year earlier.

The company reported non-GAAP net income for the quarter of $1.47 billion, or $5.55 per share, up from $1.25 billion, or $4.78 per share, a year ago.

The S&P Global Market Intelligence consensus normalized EPS estimate for the quarter was $5.39.

The company also provided guidance for the fourth quarter and full year for fiscal 2019.

Fourth-quarter non-GAAP EPS is expected to be a loss of between 14 cents and 16 cents, while full-year non-GAAP EPS is expected to be $6.67 to $6.69.

The S&P Global Market Intelligence consensus normalized EPS estimate for the fiscal fourth quarter is a loss of 13 cents, and the estimate for fiscal year 2019 is $6.55.