Intuit Up 7.5% on Earnings

Intuit

(INTU) - Get Report

was up 7.5% in preopen

Island

trading. After the close Tuesday, the personal finance software company posted second-quarter earnings of 48 cents per share, beating the Street's estimate of 45 cents and the year-earlier 44 cents.

Intuit credited a strong start to the tax season, which generally contributes the bulk of its profits.