INTU - What's Going On With Intuit Stock Friday? | Benzinga
Intuit Inc. (NASDAQ:INTU) shares are trading lower on Friday in the premarket session.
Yesterday, after the closing bell, Intuit reported third-quarter results. Revenue increased 12% year over year to $6.737 billion, beating the consensus estimate of $6.647 billion.
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During this tax season, the company’s revenue surpassed projections due to increased customer preference for premium features, outperforming expectations, Bloomberg reported.
The period ending April 30, which encompasses tax season, is pivotal for the maker of TurboTax and other financial software.
Intuit has ...