Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

INTU down after hours, guides down $-0.26 to $-0.30, looks down and looks like the downgrade of the sector by MS was probably in order.

16:07 ET Intuit beats by $0.03, guides (INTU) 45.20 -0.33: Reports Q4 (Jul) pro forma loss of $0.05 per share, $0.03 better than the Reuters Research consensus of ($0.08); revenues rose 31.2% year/year to $245.1 mln vs the $244.7 mln consensus. Company sees Q1 pro forma loss of $0.26-0.30 vs consensus of a loss of $0.22; revs $225-235 mln, consensus $247 mln. For Y04, company sees pro forma EPS of $1.57-1.67 vs consensus of $1.62, revenues of $1.85-1.95 bln, consensus $1.88 bln