Intuit Shares Surge 8% on Q3 Beat
<p><a href='https://financialmodelingprep.com/financial-summary/INTU'>Intuit Inc. (NASDAQ:INTU) </a>shares closed more than 8% higher on Wednesday following the company’s reported Q3 results, with revenue growing 35% year-over-year to $5.6 billion, better than the consensus estimate of $5.51 billion. EPS was $7.65, compared to the consensus estimate of $7.58. </p>
<p>Small Business segment revenue grew 42% year over year and Credit Karma revenue grew 48% year over year.</p>
<p>Given the strong Small Business/Credit Karma performance, the company increased its full 2022 adjusted EPS growth guidance from 18-20% to 20-21% year-over-year to $11.68-11.74.</p>
<p>For the Q4, the company anticipates non-GAAP diluted EPS to range from $0.94 to $1.00 and revenue to be down around 8-9%.</p>

NASDAQ:INTU