FactSet (NYSE: FDS) reported Q2 EPS of $3.27, $0.30 better than the analyst estimate of $2.97. Revenue for the quarter came in at $431.1 million versus the consensus estimate of $426.38 million.

GUIDANCE:

FactSet sees 2022 EPS of $12.75-$13.15, versus the consensus of $12.55. FactSet sees 2022 revenue of $1.8-1.83 billion, versus the consensus of $1.74 billion.

Share Repurchase Program
FactSet did not repurchase any of its common stock during the second quarter under the Company's existing share repurchase program and has suspended share repurchases under the program, except for potential minor repurchases to offset dilution from grants of stock options, until at least the second half of fiscal 2023 to prioritize the repayment of debt. As of February 28, 2022, $181.3 million is available for share repurchases under the Company's existing share repurchase program.

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