Intuit (Nasdaq: INTU) reported earnings on Thursday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 30 (Q3), Intuit met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded.

Gross margins shrank, operating margins dropped, and net margins improved.

Revenue details
Intuit chalked up revenue of $1.95 billion. The 17 analysts polled by S&P Capital IQ expected to see revenue of $1.96 billion on the same basis. GAAP reported sales were 5.2% higher than the prior-year quarter's $1.85 billion.

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

EPS details
EPS came in at $2.51. The 20 earnings estimates compiled by S&P Capital IQ forecast $2.48 per share. GAAP EPS of $2.42 for Q3 were 10.0% higher than the prior-year quarter's $2.20 per share.

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

Margin details
For the quarter, gross margin was 89.8%, 130 basis points worse than the prior-year quarter. Operating margin was 56.9%, 50 basis points worse than the prior-year quarter. Net margin was 37.7%, 50 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $650.7 million. On the bottom line, the average EPS estimate is $0.06.

Next year's average estimate for revenue is $4.21 billion. The average EPS estimate is $2.96.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 528 members rating the stock outperform and 31 members rating it underperform. Among 179 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 169 give Intuit a green thumbs-up, and 10 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 $61.78.

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 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.