Intuit's $1.82B Volume Surges 55% to 34th Rank as Earnings Loom

On August 19, 2025, Intuit (INTU) traded with a volume of $1.82 billion, a 55.62% increase from the previous day, ranking 34th in market activity. The stock closed down 2.26% for the session.

Intuit is set to release its quarterly earnings on August 21, with historical data showing a 71% probability of a positive one-day move post-earnings over the past five years. The median gain in these instances was 2.9%, while the worst outcome saw a 3.8% drop. The company faces a consensus estimate of $2.66 earnings per share on $3.75 billion in revenue, compared to $1.99 EPS and $3.18 billion in revenue for the same period last year. Its fundamentals include a $201 billion market cap, $18 billion in trailing twelve-month revenue, and $3.5 billion in net income.

Event-driven traders may consider positioning pre-earnings based on historical trends or evaluate short-term momentum post-announcement. The 1D, 5D, and 21D post-earnings returns for Intuit show moderate correlations, with the 1D move historically influencing subsequent performance. However, actual outcomes will depend on how results align with expectations and broader market sentiment ahead of the report.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered a 1.98% average 1-day return, with a total return of 7.61% over 365 days. The approach had a Sharpe ratio of 0.94 but faced a maximum drawdown of -29.16% during downturns.