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Update: FactSet Research Shares Rise After Reporting Higher Fiscal Q4 Earnings, Revenue
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Update: FactSet Research Shares Rise After Reporting Higher Fiscal Q4 Earnings, Revenue
Sep 26, 2024 8:19 PM

01:52 PM EDT, 09/19/2024 (MT Newswires) -- (Updates with latest stock movement in the headline and first paragraph.)

FactSet Research Systems ( FDS ) shares rose nearly 5% in recent Thursday trading after reporting higher fiscal Q4 earnings and revenue and beating expectations.

The company reported fiscal Q4 adjusted earnings of $3.74 per diluted share, compared with $3.02 a year earlier.

Analysts surveyed by FactSet expected $3.63.

Revenue for the quarter ended Aug. 31 was $562.2 million, compared with $535.8 million a year earlier. Analysts surveyed by FactSet expected $547 million.

For full-year fiscal 2025, the company said it expects adjusted EPS of $16.80 to $17.40 per diluted share on revenue of $2.29 billion to $2.31 billion. Analysts surveyed by FactSet expect adjusted EPS of $17.33 per diluted share on revenue of $2.30 billion.

Price: 467.92, Change: +21.11, Percent Change: +4.72

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