Stock Track | Intuit Stock Soars 5.12% After-Hours on Strong Q2 Earnings Beat, Upbeat Q3 Revenue Forecast

Stock Track

02-26

Intuit Inc. (NASDAQ:INTU) stock soared 5.12% in after-hours trading on Tuesday, following the company's impressive second-quarter financial results and an upbeat third-quarter revenue forecast.

For the fiscal second quarter ended January 31, 2025, Intuit reported adjusted earnings of $3.32 per share, surpassing analysts' estimates of $2.58 per share by a significant margin. The company's revenue rose 18.13% year-over-year to $4.00 billion, beating the consensus estimate of $3.83 billion.

The strong performance was driven by robust demand for Intuit's AI-driven financial services software, including TurboTax, Credit Karma, and QuickBooks. The ongoing tax season in the U.S. also boosted demand for the company's tax-preparation software.

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(NASDAQ:INTU) stock soared 5.12% in after-hours trading on Tuesday, following the company's impressive second-quarter financial results and an upbeat third-quarter revenue forecast.</p>\n<p>For the fiscal second quarter ended January 31, 2025, Intuit reported adjusted earnings of $3.32 per share, surpassing analysts' estimates of $2.58 per share by a significant margin. The company's revenue rose 18.13% year-over-year to $4.00 billion, beating the consensus estimate of $3.83 billion.</p>\n<p>The strong performance was driven by robust demand for Intuit's AI-driven financial services software, including TurboTax, Credit Karma, and QuickBooks. 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