Intuit shares pop 9% on earnings beat, rosy guidance

Shares of Intuit popped about 9% on Friday, a day after the company reported quarterly results that beat analysts' estimates and issued rosy guidance for the full year.Intuit, which is best known for its TurboTax and QuickBooks software, said revenue in the fiscal third quarter increased 15% to $7.8 billion. Net income rose 18$2.82 billion, or $10.02 per share, from$2.39 billion, or $8.42 per share, a year earlier."This is the fastest organic growth that we have had in over a decade," Intuit CEO Sasan ...