FactSet Reports Revenue Growth of 9.7%, Adjusted EPS Up 11.9% in Fourth Quarter 2016

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Oppenheimer Reiterates Perform on Factset Research Systems (FDS) Following 4Q Report

September 28, 2016 9:58 AM EDT

Oppenheimer reiterated a Perform rating on FactSet Research Systems (NYSE: FDS) following the company's 4Q earnings report. Revenue rose ~10% Y/Y to $287M, compared to $290.5M estimates. Adjusted EPS rose ~12% Y/Y to $1.69 vs. the Street's $1.69 estimate. Oppenheimer remains attracted to FactSet's business model and long-term... More