The business software company reports earnings results for the quarter ending April 30, 2012 on Thursday after the market closes. Wall Street expects the company to make $2.48 per share in the quarter. That estimate is a penny per share lower than where estimates stood 90 days ago. Intuit (INTU)  has exceeded expectations in each of the last four quarters. Shares of Intuit have been flat over the last 12 months. Analysts expect profit growth of 13% from the current fiscal year ending July 31, 2012, to the next. At current prices, shares trade for 19 times current fiscal year estimated earnings.

Stone-Cold Earnings Trade Lock of the Week: With the market sliding lower, shares of Intuit are likely to fall at a greater pace due to having a high valuation relative to expected earnings growth. Buy the June expiration put contract with a $55 strike price before the market closes on Thursday.