Q3 GAAP revenues of $552.7 million, up 4.3% from Q3 2023. Organic Q3 ASV plus professional services of $2,220.4 million, up 5.0% year over year. Q3 GAAP operating margin of 36.6%, up approximately 420 bps year over year, and adjusted operating margin of 39.4%, up 340 bps from the prior year. Q3 GAAP diluted EPS of $4.09, up 18.2% from the prior year, and adjusted diluted EPS of $4.37, up 15.3% year over year. Fiscal 2024 guidance updated. Expected organic ASV plus professional services growth of $85-$120 mi ...

Third Quarter Fiscal 2024 Highlights Operating margin 36.6 % 32.5 % Adjusted operating margin 39.4 % 36.0 % Net income $ 158,135 $ 134,663 17.4 % Adjusted net income $ 168,796 $ 147,667 14.3 % Adjusted EBITDA $ 239,930 $ 205,284 16.9 % Diluted EPS $ 4.09 $ 3.46 18.2 % Adjusted diluted EPS $ 4.37 $ 3.79 15.3 % Buy-side and sell-side organic ASV growth rates for the third quarter of fiscal 2024 were 5.3% and 3.7%, respectively. Buy-side clients, including institutional asset managers, wealth managers, asset o ...

Third Quarter Fiscal 2024 Highlights News Release I For Immediate Release FactSet Reports Results for Third Quarter 2024 NORWALK, Conn., June 21, 2024 - FactSet ("FactSet" or the "Company") (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced results for its third quarter fiscal 2024 ended May 31, 2024. "FactSet has a long history of providing exceptional value to our clients," said Phil Snow, CEO of FactSet. "We maintain an optimistic outlook as we ...

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. On May 2, FactSet's board approved a 6% increase in the regular quarterly cash dividend of 98 cents per share to $1.04 per share. Loading... Analysts expect the Norwalk, Connecticut-based company to report quarterly earnings at $3.90 per share, up from $3.79 per share in the year-ago period. FactSet Research is expected to p ...

Core Viewpoint - FactSet Research Systems Inc. is expected to report its third-quarter fiscal 2024 results on June 21, with anticipated revenue growth driven by GenAI banker efficiency tools and the release of Transcript Assistant [1][2]. Revenue Expectations - The consensus estimate for FactSet's fiscal third-quarter revenues is $554.1 million, reflecting a 4.6% increase from the previous year's figure [2]. - Revenue from the Americas is projected to be $353.7 million, indicating a 4.7% year-over-year growth [6]. - EMEA revenues are expected to rise by 3.8% to $143.3 million, while Asia Pacific revenues are estimated at $58.6 million, implying an 8.3% year-over-year increase [6]. Earnings Expectations - The consensus estimate for earnings is $3.9 per share, suggesting a 3.2% growth year-over-year [3]. - FactSet has an Earnings ESP of +1.31% but holds a Zacks Rank of 4 (Sell), indicating uncertainty regarding an earnings beat this quarter [4][11]. Historical Performance - FactSet has surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average negative surprise of 0.17% [14].

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. In light of this perspective, let's dive into the average estimates of certain FactSet metrics that are commonly tracked and forecasted by Wall Street analysts. According to the collective judgment of analysts, 'Revenues from clients- US' should come in at 356.23 million. The estima ...

The earnings report, which is expected to be released on June 21, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Revenues are expected to be $554.14 million, up 4.6% from the year-ago quarter. FactSet Research (FDS) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended May 2024. This widely-known consensus outlook gives a good sense of ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? FactSet Research (FDS) , which belongs to the Zacks Business - Information Services industry, could be a great candidate to consider. This financial data firm has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.34%. For the most recent quarter, F ...

NORWALK, Conn., May 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 third quarter fiscal 2024, ending May 31, 2024 on Friday, June 21, 2024. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Friday, June 21, 2024. The following information is provided for investors who would like to participate in ...

NORWALK, Conn., May 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 third quarter fiscal 2024, ending May 31, 2024 on Friday, June 21, 2024. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Friday, June 21, 2024. The following information is provided for investors who would like to participate in ...