Intuit Earnings Preview: What to Expect

Valued at a market cap of $167.4 billion, Intuit Inc. (INTU) is a business and financial software company that develops and sells financial, accounting, and tax preparation software and related services. The Mountain View, California-based company operates in four segments, which are Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. It is expected to announce its fiscal Q2 earnings results on Thursday, Feb. 27. 

Ahead of this event, analysts project the financial software giant to report a profit of $1.27 per share, down nearly 3.1% from $1.31 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's earnings estimates in the last four quarters. In Q1, INTU’s EPS of $1.07 outpaced the consensus estimates by roughly 2%.