10:38 AM EDT, 06/23/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

FactSet Research Systems' ( FDS ) shares were up more than 4% in recent Monday trading after the company reported fiscal Q3 adjusted earnings of $4.27 per diluted share, down from $4.37 a year earlier.

Analysts polled by FactSet expected $4.30.

Revenue for the quarter ended May 31 was $585.5 million, compared with $552.7 million a year earlier.

Analysts surveyed by FactSet expected $580.8 million.

For fiscal 2025, the company continues to expect adjusted earnings in the range of $16.80 to $17.40 per diluted share on revenue of $2.31 billion to $2.33 billion. Analysts polled by FactSet expect non-GAAP earnings of $17.08 per share on revenue of $2.31 billion.

The company also said its board of directors on June 17 approved a new share repurchase authorization of up to $400 million that will be available on Sept. 1.

Price: 440.39, Change: +18.05, Percent Change: +4.27