06:26 AM EST, 11/21/2025 (MT Newswires) -- Intuit (INTU) shares rose early Friday as the financial technology platform reported fiscal first-quarter results above market expectations amid double-digit revenue growth in personal finance portal Credit Karma and accounting software QuickBooks, although it issued a downbeat earnings outlook for the ongoing three-month period.

Adjusted earnings came in at $3.34 a share for the quarter ended October, up from $2.50 the year before, the company said late Thursday. The metric came in ahead of Wall Street's estimate of $3.09. Revenue advanced 18% to $3.89 billion, while analysts expected $3.76 billion. The stock gained 3.5% in the most recent premarket activity.

"We delivered a strong first quarter of fiscal 2026, driven by continued momentum across the company," Chief Financial Officer Sandeep Aujla said in a statement. "We are confident in delivering double-digit revenue growth and expanding margin this year."

Intuit continues to project adjusted EPS to be in a range of $22.98 to $23.18 for fiscal 2026 and revenue to come in between nearly $21 billion and $21.19 billion. The Street is looking for non-GAAP EPS of $23.16 and sales of $21.18 billion.

For the current quarter, the company anticipates adjusted EPS of $3.63 to $3.68 on annual revenue growth of about 14% to 15%. Analysts polled by FactSet estimate non-GAAP EPS of $3.77 and sales of $4.48 billion.

Revenue in the global business solutions segment climbed 18% to $3 billion in the first quarter, led by a 25% rise in QuickBooks online accounting sales that reflected pricing and customer gains, Intuit said. Online services inclined 17% while international online revenue moved 9% higher.

The consumer platform recorded revenue growth of 21% to $894 million. Credit Karma's revenue improved 27% to $651 million, boosted by personal loans, credit cards and auto insurance and reflecting "continued momentum with our members and partners," Aujla said during an earnings call, according to a FactSet transcript. Tax-preparation software TurboTax saw revenue rise 6% to $198 million, while ProTax sales gained 15%.