FactSet (FDS) Tops Q4 EPS by 34c, Offers FY21 Guidance
FactSet (NYSE: FDS) reported Q4 EPS of $2.88, $0.34 better than the analyst estimate of $2.54. Revenue for the quarter came in at $383.6 million versus the consensus estimate of $378.38 million.
GUIDANCE:
FactSet sees FY2021 EPS of $10.75-$11.75, versus the consensus of $10.84. FactSet sees FY2021 revenue of $1.57-1.585 billion, versus the consensus of $1.55 billion.
•Organic ASV plus professional services is expected to increase in the range of $55 million and $85 million over fiscal 2020.
•GAAP revenue is expected to be in the range of $1,570 million and $1,585 million.
•GAAP operating margin is expected to be in the range of 29.5% and 30.5%.
•Adjusted operating margin is expected to be in the range of 32.0% and 33.0%.
•FactSet's annual effective tax rate is expected to be in the range of 15.0% and 16.5%.
•GAAP diluted EPS is expected to be in the range of $10.05 and $10.45. Adjusted diluted EPS is expected to be in the range of $10.75 and $11.15.
For earnings history and earnings-related data on FactSet (FDS) click here.
