By Davit Kirakosyan

Intuit (NASDAQ:) Shares gained almost 3% on Tuesday after Q3 earnings. The Street estimate for EPS at $7.58 was higher than the EPS of $7.65. Comparing to the $5.51 trillion Street estimate, $5.6 Billion grew by 35% over the past year.

Consumer Group revenues rose 32% to $3.2B year-over-year, while small business and self-employed group revenue rose 42% to $1.7B year-over-year. Credit Karma revenues increased by 48% and online ecosystem revenue increased 67% respectively to $1.2 billion.

“We are confident in our strategy and execution across the company as we become the global AI-driven expert platform powering the prosperity of consumers and small businesses,” said Sasan Goodarzi, Intuit’s chief executive officer. “We had another strong quarter, and we are raising Intuit’s revenue and operating income guidance for fiscal year 2022.”

Company expects that Q4 non-GAAP non-GAAP adjusted EPS will be between $0.94-$1.00, and that revenue will decline around 8-9% due to earlier tax filings this year.

The company anticipates full-year 2022 earnings to be in the $11.68 to $111.74 range, as opposed to $11.66, and revenues in the $12.633 to 12.674 billion range, in comparison to $12.32 billion.

Intuit shares were 44% lower year-to-date in the results.