Intuit (Nasdaq: INTU) reported earnings on Feb. 21. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Jan. 31 (Q2), Intuit met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue shrank. Non-GAAP earnings per share shrank significantly. GAAP earnings per share dropped significantly.

Margins contracted across the board.

Revenue details
 Intuit booked revenue of $968.0 million. The 13 analysts polled by S&P Capital IQ expected a top line of $963.2 million on the same basis. GAAP reported sales were 5.0% lower than the prior-year quarter's $1.02 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 $0.33. The 16 earnings estimates compiled by S&P Capital IQ anticipated $0.30 per share. Non-GAAP EPS of $0.33 for Q2 were 35% lower than the prior-year quarter's $0.51 per share. GAAP EPS of $0.23 for Q2 were 41% lower than the prior-year quarter's $0.39 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 79.1%, 70 basis points worse than the prior-year quarter. Operating margin was 9.6%, 920 basis points worse than the prior-year quarter. Net margin was 7.3%, 430 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $2.26 billion. On the bottom line, the average EPS estimate is $2.95.

Next year's average estimate for revenue is $4.60 billion. The average EPS estimate is $3.39.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 590 members out of 625 rating the stock outperform, and 35 members rating it underperform. Among 201 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 193 give Intuit a green thumbs-up, and eight 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 $63.81.

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