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Benzinga
Benzinga
Business
Avi Kapoor

Why Intuit Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

Mountain,View,,Ca,,Usa,-,May,4,,2022:,Intuit,Logo

Shares of Intuit Inc (NASDAQ:INTU) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results.

Intuit, the parent company of QuickBooks, Credit Karma and TurboTax, reported first-quarter revenue of approximately $3.89 billion, beating analyst estimates of $3.76 billion. The company posted first-quarter adjusted earnings of $3.34 per share, beating analyst estimates of $3.09 per share, according to Benzinga Pro.

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