intuit inc shares declined in afterhours trading monday after executives trimmed the software company’s sales forecast for the quarter ahead of an earnings report next week intuit intu disclosed that fiscal secondquarter revenue is expected to come in lower than its forecast at roughly 266 billion executives had guided for sales of 272 billion to 275 billion and analysts on average were expecting 274 billion according to factset intuit’s core software assets including quickbooks and turbotax are focused on helping businesses and consumers track and manage their finances making tax season an important time for the business executives said monday that the current tax season is taking longer to get into gear causing monday’s pullback in sales expectations executives did not change their fullyear revenue forecast suggesting they believe the expected revenue will move into the third quarter executives said they would “refresh” their fullyear guidance more completely when reporting results fully on feb 24 “we continue to see strong momentum across the company with small business and credit karma expected to deliver record high revenues for the quarter with tax on track to deliver full year fiscal 2022 revenue guidance” chief executive sasan goodarzi said in a statement intuit shares ducked about 3 lower in afterhours trading following the announcement after closing with a 13 decline at 52905 the stock has gained 278 in the past year as the sp 500 index spx has gained 123