Intuit Inc. (INTU) recently reiterated its guidance for the first quarter and full fiscal year 2010. California-based Intuit is a leading provider of business and financial management solutions. Its flagship products and services include QuickBooks, Quicken and TurboTax. The company expects first-quarter revenue between $479 million and $493 million, up 0% – 2% year over year. Net loss (excluding one time charges/gains) is projected between 19 cents and 15 cents. For full-year 2010, Intuit sees sales between $3.30 billion and $3.43 billion, up 4% – 8%. Earnings per share (EPS) are estimated between $1.89 and $1.96. Last month, the company reported weak results for the fiscal fourth quarter as there was a fall in sales growth from tax software as the number of tax filers did not increase as per historical levels. Management had then stated that it expects a strong rebound or significant ...

Intuit Inc.: Shares Climb on Strong Q3 ResultsShares of Intuit Inc. (INTU, Hold) are up over 8% in trading so far today, bucking the trend of steep decline in the broader markets. The company posted an EPS beat in the traditionally strong Q3 and narrowed its guidance range going forward, indicating better visibility into Q4.Q3 revenue upside was driven by better-than-expected results in QuickBooks, Accounting Professionals, FI's, and Other Businesses, offsetting weakness in the Consumer Tax segment. The non-GAAP EPS beat was mainly attributable to higher gross margins and effective cost-control measures.Intuit offers small business accounting, personal finance and tax preparation software for accountants, small businesses and consumers. Q3 non-GAAP EPS of $1.68 came widely ahead of our $1.58 estimate (consensus was at $1.61), while revenues of $1.434 billion also came ahead of our $1.1420 billion estimate.FY2009 guidance range was ...