Why Intuit Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket - Gap (NYSE:GAP), Elastic (NYSE:ESTC)

Core Insights - Intuit Inc reported better-than-expected first-quarter financial results, with revenue of approximately $3.89 billion, surpassing analyst estimates of $3.76 billion, and adjusted earnings of $3.34 per share, exceeding estimates of $3.09 per share [1][2] Financial Performance - First-quarter revenue: $3.89 billion, beating estimates of $3.76 billion [1] - First-quarter adjusted earnings: $3.34 per share, exceeding estimates of $3.09 per share [1] - Second-quarter revenue growth expectation: approximately 14% to 15% [2] - Second-quarter adjusted earnings forecast: in the range of $3.63 to $3.68 per share, compared to estimates of $3.83 per share [2] Market Reaction - Intuit shares increased by 3.2% to $658.00 in pre-market trading following the earnings report [2]