Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Intuit
So what: The maker of personal finance and tax preparation software said Q4 revenue rose 10%, to $593 million, enough to transform last year's $0.05-per-share loss into a $0.02-a-share gain on an adjusted basis. Analysts were expecting a breakeven quarter on $583.1 million in revenue, according to data compiled by Yahoo! Finance.
Now what: Unfortunately, early enthusiasm for those numbers hasn't held, and the stock is up just 7% as of this writing. A broad tech sell-off touched off by Hewlett-Packard's
Interested in more info on Intuit? Add it to your watchlist .
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.