Intuit's Stock Soars After Strong Earnings and Upgraded Outlook

Reported about 1 month ago

Intuit, the maker of TurboTax and Credit Karma, reported quarterly earnings that exceeded analysts' expectations and raised its full-year revenue forecast, leading to an over 8% surge in its stock after-hours. The company anticipates full-year revenue between $18.72 billion and $18.76 billion, along with adjusted earnings per share predictions of $20.07 to $20.12. Its third-quarter revenue reached $7.75 billion, a 15% increase year-over-year, further boosting investor confidence.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis