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Intuit TurboTax Revenue Miss Drags Results Mentioned in Investor Letter

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Sig1.65Sen-4.10Env0.00Soc0.00Gov0.00

Rothschild & Co Asset Management’s LongRun Equity Strategy investor letter reports a 7.6% second-quarter gain for the fund versus a 15.8% benchmark rise, noting weaker revisions outside the AI sector. It highlights Intuit’s slightly lower-than-expected TurboTax business revenues, which were met with a sharp market reaction. The letter also reviews Intuit’s scale and holding context.

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