Intuit (INTU) shares were up almost 9% in recent Friday trading after the company's fiscal Q3 results topped analyst estimates.
The company reported late Thursday Q3 adjusted earnings of $11.65 per diluted share, up from $9.88 a year earlier and higher than analyst expectations of $10.93 compiled by FactSet.
Revenue for the quarter ended April 30 was $7.75 billion, up from $6.74 billion a year earlier, and higher than the $7.57 billion consensus estimate.
The company raised its full-year fiscal 2025 EPS guidance of $20.07 to $20.12 on revenue of $18.72 billion to $18.76 billion. Analysts polled by FactSet expect EPS of $19.97 on revenue of $18.67 billion.
Multiple brokerages increased their price target on the stock to as much as $875 per share.
Price: 724.58, Change: +58.51, Percent Change: +8.78
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