Intuit (INTU) Soars 8.47% on Strong Q3 Earnings

Intuit's stock surged 8.47% in pre-market trading on May 23, 2025, driven by strong third-quarter earnings and an optimistic outlook for the remainder of the fiscal year.

Intuit reported third-quarter revenue of $77.5 billion, exceeding analyst expectations of $75.7 billion and marking a significant increase from the $67.4 billion reported in the same period last year. The company's non-GAAP diluted earnings per share for the quarter were $11.65, surpassing the $10.93 expected by analysts and up from $9.88 in the previous year.

For the fourth quarter, Intuit anticipates non-GAAP earnings per share to range between $2.63 and $2.68, with revenue projected to be between $37.2 billion and $37.6 billion. The company has also raised its full-year guidance, expecting non-GAAP earnings per share to be between $20.07 and $20.12, up from the previous range of $19.16 to $19.36. Full-year revenue is now projected to be between $187.2 billion and $187.6 billion, an increase from the prior estimate of $181.6 billion to $183.5 billion.

Intuit's robust performance is attributed to its successful expansion strategy, particularly within its Small Business & Self-Employed segment, which has shown strong revenue growth. The company's financial technology platform continues to support consumers and small businesses, helping them manage their finances and comply with regulations.