Intuit Tops Forecasts

Intuit

(INTU) - Get Report

posted fiscal second-quarter earnings that beat analysts' estimates.

The company, which makes accounting and tax software software under the

Quicken

brand name, reported net earnings of $104.2 million, or 48 cents a share. In the year-ago quarter, Intuit earned $91.4 million, or 44 cents a share. Sixteen analysts polled by

First Call/Thomson Financial

pegged the company to earn 45 cents a share.

Intuit reported second-quarter revenue of $457.6 million, up from $425.5 million in the same quarter last year. The company said revenue in the third fiscal quarter would be between $455 million and $470 million. The company said that range would be an increase of 38% to 43% from the year-ago period.

Intuit lost $2.13, or 6%, to close at $32.69 on the

Nasdaq

. In after-hours trading on

Island

, shares were recently at $34.75.