Sept 18 (Reuters) - FactSet on Thursday forecast

annual adjusted profit below Wall Street estimates amid ongoing

macroeconomic uncertainty that has made investors and clients

more cautious about discrentionary spending such as data and

analytics.

WHY IT IS IMPORTANT

Uncertainty over trade policy and a recent slowdown in the U.S.

labor market have prompted firms to delay upgrades, trim

subscriptions and scrutinize costs, weighing on demand for

financial data and tools.

BY THE NUMBERS

FactSet said organic annual subscription value (ASV), the next

12 months' revenue potential from subscription services, rose

5.7% to $2.37 billion in the Fourth quarter ending August 31.

It forecast annual revenue between $2.42 billion and $2.45

billion, compared to analysts' average estimate of the $2.45

billion , according to data compiled by LSEG.

However, FactSet forecast 2026 adjusted diluted EPS is

expected to be in the range of $16.90 to $17.60, lower than

analysts' expectation of $18.26.

On an adjusted basis, the company earned $4.05 per diluted

share in the quarter, compared with $3.74 per share from the

same period last year.

Its revenue rose 6.2% to $596.9 million.

CONTEXT

FactSet provides financial data and tools to help investors

analyze markets, manage risk, and track portfolios. Buy-side

clients, including institutional asset managers, wealth

managers, asset owners, hedge funds, and corporate clients -

account for 82% of organic ASV.

MARKET REACTION

Shares of the Norwalk, Connecticut-based company fell nearly

3.5% to $324.28, before the bell. The stock has lost nearly 30%

so far this year, compared with a 12.2% gain for the benchmark

S&P 500 index.