MOUNTAIN VIEW, Calif. (AP) _ Intuit Inc. (INTU) on Tuesday reported fiscal second-quarter earnings of $20 million.

On a per-share basis, the Mountain View, California-based company said it had profit of 7 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 68 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The maker of TurboTax, QuickBooks and other accounting software posted revenue of $1.58 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.57 billion.

For the current quarter ending in May, Intuit expects its per-share earnings to range from $6.75 to $6.85. Analysts surveyed by Zacks had forecast adjusted earnings per share of $6.32.

The company said it expects revenue in the range of $4.61 billion to $4.66 billion for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $4.37 billion.

Intuit expects full-year earnings in the range of $8.20 to $8.40 per share, with revenue ranging from $8.81 billion to $8.99 billion.

Intuit shares have climbed 4.5% since the beginning of the year, while the Standard & Poor's 500 index has risen slightly more than 3%. In the final minutes of trading on Tuesday, shares hit $397.11, an increase of 39% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INTU at https://www.zacks.com/ap/INTU

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