Intuit shares fell 6% in extended trading on Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts' estimates due to some sales getting delayed.
Intuit called for second-quarter earnings of $2.55 to $2.61 per share, with $3.81 billion to $3.85 billion in revenue.
At Thursday's close, Intuit shares were up about 9% so far in 2024, while the S&P 500 has gained almost 25% in the same period.
On Tuesday Intuit shares slipped 5% after The Washington Post said U.S. President-elect Donald Trump's proposed Department of Government Efficiency had discussed developing a mobile app for federal income tax filing.
WATCH: H&R Block, Intuit shares fall after report Trump admin considering a free tax-filing app
Persons:
Sasan Goodarzi, LSEG, Sandeep Aujla, Aujla, Donald Trump's, CNBC's Jon Fortt, Goodarzi, he's
Organizations:
Intuit, Global Business Solutions Group, Small, Washington Post, Government Efficiency, CNBC, Trump
Locations:
Los Angeles, MailChimp, Thursday's