Glonghui, May 25 | US finance and taxation software giant Caijie (INTU.US) fell more than 9% intraday to $600.485, and its stock price hit a new low since April 19. According to the results announced by Caijie, the adjusted EPS for the third fiscal quarter was 9.88 US dollars, higher than analysts' expectations of 9.38 US dollars; net revenue was 6.74 billion US dollars, up 12% year on year, higher than analysts' expectations of 6.64 billion US dollars. The adjusted EPS for the full year is estimated to be $16.79, higher than analysts' expectations of $16.42 billion; revenue for the full year is estimated at US$16.16 billion to US$16.20 billion, and the company originally anticipated US$15.89 billion to US$16.11 billion. Revenue for the fourth fiscal quarter is expected to increase by about 13%-14%. After the results were announced, several major banks released research reports on it: Barclays Bank: maintaining the target price of $745 and maintaining the purchase rating; Citibank: maintaining the target price of $744 to maintain the purchase rating; Bank of America: lowered the target price from $760 to $730 to maintain the buying rating; Goldman Sachs: raised the target price from $690 to $705 to maintain the buying rating.
美股异动丨财捷大跌超9%创逾1个月新低，Q4业绩指引逊预期，遭美银下调目标价
Changes in US stocks 丨 Caijie plummeted more than 9% to a new low of more than a month. The Q4 performance guidelines fell short of expectations, and the target price was lowered by the Bank of America
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