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Intuit reports strong earnings, upbeat guidance

Yahoo Finance Live anchors discuss Intuit stock performance amid strong fourth-quarter earnings.

Video Transcript

[AUDIO LOGO]

JULIE HYMAN: Well, one trending ticker we're watching today is Intuit, shares of the TurboTax owner. They've been down sharply. Let's see where they stand right now. Now, they're up actually 5%. The company-- I thought they were down earlier was I remembering--

BRIAN SOZZI: We've been looking at the photo of your dog at our Slack shuttle.

JULIE HYMAN: Did I miss-- anyway, they reported strong results for the fiscal fourth quarter. They're providing upbeat guidance for the year ahead. The company saw a 32% rise in revenue year-over-year, and expect a 14% to 16% rise from revenue in fiscal 2023.