FactSet (FDS) Tops Q3 EPS by 5c

FactSet (NYSE: FDS) reported Q3 EPS of $2.18, $0.05 better than the analyst estimate of $2.13. Revenue for the quarter came in at $339.9 million versus the consensus estimate of $339.57 million.

“We are making progress integrating and cross selling our acquisitions resulting in important wins this quarter, particularly within Analytics. We continue to innovate with the launch of the Open:FactSet marketplace and enhancing our risk offering. We believe we have a solid pipeline for the fourth quarter and expect to finish fiscal 2018 in our guidance range,” said Phil Snow, FactSet CEO.

GUIDANCE:

FactSet sees FY2018 EPS of $8.37-$8.62, versus the consensus of $8.48.

For earnings history and earnings-related data on FactSet (FDS) click here.

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