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Intuit Posts Strong Quarter with Revenue and EPS Above Forecasts
Intuit beat Q1 estimates with $3.34 EPS and $3.89 billion revenue, lifting shares nearly 4% as software demand remained strong.
Intuit reported adjusted Q1 earnings of roughly $3.34 per share, outperforming market expectations of around $3.09. Revenue came in near $3.89 billion compared with forecasts closer to $3.76 billion. Management highlighted broad-based demand for small-business tools, QuickBooks services and consumer tax products.
The stock gained nearly 4% in after-hours trading as analysts pointed to consistent execution, stable subscription growth and improving cash-flow visibility heading into the next fiscal period.