FactSet (NYSE: FDS) reported Q3 EPS of $2.86, $0.43 better than the analyst estimate of $2.43. Revenue for the quarter came in at $374.1 million versus the consensus estimate of $376.03 million.

GUIDANCE:

FactSet sees FY2020 EPS of $10.40-$10.60, versus the consensus of $10.00. FactSet sees FY2020 revenue of $1.485-1.49 billion, versus the consensus of $1.49 billion.

• Organic ASV plus professional services is now expected to increase in the range of $60 million and $75 million over fiscal 2019. The change in the anticipated range reflects the current expected business impacts resulting from the coronavirus pandemic.
• GAAP revenue is now expected to be in the range of $1,485 million and $1,490 million.
• GAAP operating margin is now expected to be in the range of 30.0% and 30.5%.
• Adjusted operating margin is now expected to be in the range of 33.0% and 33.5%.
• Annual effective tax rate is now expected to be in the range of 15.5% and 16.5%.
• GAAP diluted EPS is now expected to be in the range of $9.60 and $9.80. Adjusted diluted EPS is now expected to be in the range of $10.40 and $10.60.

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