Can Intuit Beat These Numbers?

Intuit (Nasdaq: INTU  ) is expected to report Q2 earnings on Feb. 21. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Intuit's revenues will compress -5.5% and EPS will compress -35.3%.

The average estimate for revenue is $963.2 million. On the bottom line, the average EPS estimate is $0.33.

Revenue details
Last quarter, Intuit recorded revenue of $647.0 million. GAAP reported sales were 13% higher than the prior-year quarter's $575.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.03. GAAP EPS were -$0.06 for Q1 versus -$0.21 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 72.6%, 110 basis points better than the prior-year quarter. Operating margin was -10.7%, 390 basis points better than the prior-year quarter. Net margin was -2.9%, 820 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.60 billion. The average EPS estimate is $3.34.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 588 members out of 623 rating the stock outperform, and 35 members rating it underperform. Among 208 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 199 give Intuit a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intuit is outperform, with an average price target of $63.19.

Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not Intuit makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.

• Add Intuit to My Watchlist.