Gold Gains Over 1%; FactSet Research Raises FY2026 Outlook
Company Performance - FactSet Research Systems Inc. reported strong second-quarter results with sales of $611.02 million, exceeding analyst expectations of $604.51 million and reflecting a 7.1% year-over-year gain [3] - The company also reported adjusted earnings per share of $4.46, surpassing the street view of $4.37 [3] Future Outlook - FactSet raised its fiscal year 2026 adjusted EPS forecast to $17.25-$17.75 from a prior range of $16.90–$17.60, compared to the analyst consensus of $17.49 [4] - The company also increased its sales outlook for FY2026 to $2.450 billion-$2.470 billion, up from the previous forecast of $2.423 billion–$2.448 billion, aligning closely with the consensus estimate of $2.449 billion [4]