Intuit Soars 8% on Strong Q3 and Upgraded Full-Yea…
From Financial Modeling Prep: 2025-05-23 15:53:00
Intuit (NASDAQ:INTU) stock surged over 8% after beating Q3 expectations and raising guidance. Q3 results showed adjusted EPS of $11.65 on revenue of $7.75 billion, surpassing analyst estimates. Fiscal Q4 guidance is bullish, with non-GAAP EPS expected between $2.63 and $2.68 and revenue between $3.723 billion and $3.760 billion.
Full-year guidance for Intuit now expects non-GAAP EPS of $20.07 to $20.12, reflecting 18% to 19% year-over-year growth. Revenue is projected at $18.723 billion to $18.760 billion, showing 15% growth. The company’s strong performance was driven by robust demand for TurboTax and QuickBooks during tax season.
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