US Stock Market Move | Intuit Inc. (INTU.US) rose more than 4% in pre-market trading, exceeding expectations for its Q1 2026 financial performance.

On Friday, Intuit Inc. (INTU.US) rose more than 4% in pre-market trading, reaching $665.85. On the news front, Intuit Inc. released its first quarter results for the 2026 fiscal year, with adjusted earnings per share of $3.34, higher than last year's $2.50, surpassing Wall Street's expectations of $3.09. Revenue increased by 18% to $38.9 billion, higher than analysts' expectations of $37.6 billion. Chief Financial Officer Sandeep Aujla stated in a declaration: "We had a strong performance in the first quarter of the 2026 fiscal year, benefiting from continued momentum across the entire company, and we are confident in achieving a double-digit revenue growth rate this year." For the second quarter, Intuit Inc. expects adjusted earnings per share to be between $3.63 and $3.68, with a projected annual revenue growth of approximately 14% to 15%. According to a FactSet survey, analysts are forecasting a non-GAAP earnings per share of $3.77 and revenue of $44.8 billion.