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FactSet Research Systems' Fiscal Q3 Adjusted Earnings, Revenue Rise
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FactSet Research Systems' Fiscal Q3 Adjusted Earnings, Revenue Rise
Jun 21, 2024 5:12 AM

07:33 AM EDT, 06/21/2024 (MT Newswires) -- FactSet Research Systems ( FDS ) reported fiscal Q3 adjusted earnings Friday of $4.37 per diluted share, up from $3.79 a year earlier.

Analysts polled by FactSet expected $3.91.

Revenue for the quarter ended May 31 was $552.7 million, compared with $529.8 million a year earlier.

Analysts surveyed by FactSet expected $552.7 million.

The company raised its fiscal-year 2024 adjusted earnings guidance to $16.00 to $16.40 per diluted share, from $15.60 to $16.00. Analysts polled by FactSet expect $16.00.

The company reduced its revenue outlook for the year to $2.18 billion to $2.19 billion, from $2.20 billion to $2.21 billion. Analysts surveyed by FactSet expect $2.20 billion.

Price: 420.00, Change: +11.65, Percent Change: +2.85

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