Intuit Tops Fiscal Q2 Estimates, Sees AI Benefiting Business

Core Insights - Financial software firm Intuit exceeded estimates for its fiscal second quarter but provided mixed guidance for the current quarter, leading to a decline in its stock price [1] Company Performance - Intuit reported strong performance in its fiscal second quarter, surpassing analyst expectations [1] - Despite the strong quarterly results, the guidance for the upcoming quarter was not as optimistic, contributing to a drop in stock value [1] Market Reaction - Following the mixed guidance, Intuit's stock experienced a decline, indicating investor concerns about future performance [1]