Intuit Exceeds Q2 Estimates; Stock Rises Post-Results

Intuit reported impressive fiscal 2025 second-quarter results with non-GAAP earnings per share of $3.32 and total revenue of $3.96 billion, exceeding analysts' expectations. The company's performance was driven by strong growth in its Credit Karma and global business solutions segments, bolstered by its AI-focused strategy. Despite surpassing estimates, Intuit's stock fell 2.05% during regular trading but rose over 2% in after-hours trading. Intuit's guidance for the next quarter’s revenue was slightly above analysts' expectations, although its earnings guidance fell short. The company reiterated its full-year outlook, forecasting a 14% growth in earnings and 12% in revenue. Intuit's AI-driven platform continues to enhance customer experiences across its product range, including TurboTax and QuickBooks.