US Stock Market Move | Q2 revenue and adjusted earnings per share exceed expectations, Intuit Inc. (INTU.US) jumps more than 13%

On Wednesday, Intuit Inc. (INTU.US) surged over 13%, marking its largest intraday gain since 2021, and is now trading at $631.01. In terms of news, the company announced its performance for the second quarter of fiscal year 2025, with revenue growing 17% year-on-year to $3.96 billion, surpassing analysts' expectations of $3.83 billion; in particular, the revenue of the Global Business Solutions group increased by 19% to $2.7 billion year-on-year. Adjusted earnings per share rose from $2.63 in the same period last year to $3.32, higher than analysts' expectations of $2.57.