Core Viewpoint - FactSet Research reported quarterly earnings of $3.74 per share, exceeding the Zacks Consensus Estimate of $3.60 per share, and showing an increase from $2.93 per share a year ago, indicating a strong performance in the financial data sector [1][2] Financial Performance - The company achieved revenues of $562.19 million for the quarter ended August 2024, surpassing the Zacks Consensus Estimate by 2.73% and up from $535.8 million year-over-year [2] - Over the last four quarters, FactSet has consistently surpassed consensus EPS estimates four times and topped revenue estimates two times [2] Stock Performance - FactSet shares have declined approximately 6.3% since the beginning of the year, contrasting with the S&P 500's gain of 17.8%, indicating underperformance relative to the broader market [3] Future Outlook - The company's earnings outlook will be crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $4.32 on revenues of $561.78 million, and for the current fiscal year, it is $17.40 on revenues of $2.29 billion [7] Industry Context - The Business - Information Services industry, to which FactSet belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable industry outlook [8]

News Release I For Immediate Release 1 FactSet Reports Results for Fourth Quarter 2024 ◦ Q4 GAAP revenues of $562.2 million, up 4.9% from Q4 2023. ◦ Organic Q4 ASV plus professional services of $2,272.8 million, up 4.8% year over year. ◦ Q4 GAAP operating margin of 22.7%, up approximately 110 bps year over year, and adjusted operating margin of 35.8%, up 240 bps from the prior year. ◦ Q4 GAAP diluted EPS of $2.32, up 38.1% from the prior year, and adjusted diluted EPS of $3.74, up 23.8% year over year. ◦ Fa ...

Wall Street analysts expect FactSet Research (FDS) to post quarterly earnings of $3.60 per share in its upcoming report, which indicates a year-over-year increase of 22.9%. Revenues are expected to be $547.27 million, up 2.1% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's e ...

Core Insights - FactSet will host an Investor Day on November 14, 2024, from 8:00 a.m. to 2:00 p.m. EST, both in New York City and via live stream [1] - The event will feature presentations on the company's financial outlook, innovative technology, and new client-centric workflow solutions, along with demonstrations of generative AI products [2] - Attendance is by invitation only, and registration is required for analysts and institutional investors [3] Company Overview - FactSet provides financial data, analytics, and open technology to over 8,000 global clients, including more than 208,000 individual users [4] - The company is recognized for its commitment to sustainable growth and was awarded the Glassdoor Employees' Choice Award in 2023 [4]

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. Wha ...

FactSet Research Systems Inc. (FDS) FactSet has been engaged for more than 40 years in delivering extensive data, sophisticated analytics and flexible technology to global financial professionals and is currently benefiting from a growing customer base and strong global presence. The company added 383 clients in fiscal 2023 and nine in the third quarter of fiscal 2024, driven by an increase in corporate and wealth clients. The 2023 acquisition of idaciti supports FactSet's ongoing initiative to digitally re ...

NORWALK, Conn., Aug. 28, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, announced today that it will release its financial and operating results for the fourth quarter fiscal 2024, ending August 31, 2024, on Thursday, September 19, 2024. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Thursday, September 19, 2024. The following information is provided for investors who would li ...

FactSet Research (FDS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a cha ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style ...

NORWALK, Conn., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.04 per share. The cash dividend will be paid on September 19, 2024, to holders of record of FactSet's common stock at the close of business on August 30, 2024. About FactSet FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, ...