Form 8-K FACTSET RESEARCH SYSTEMS For: Sep 26

Go back to Form 8-K FACTSET RESEARCH SYSTEMS For: Sep 26

UPDATE: BofA/Merrill Lynch Downgrades FactSet Research Systems (FDS) to Underperform

September 27, 2019 6:02 AM EDT

(Updated - September 27, 2019 9:27 AM EDT)

(updated to add analyst comments)

BofA/Merrill Lynch analyst David Chu downgraded FactSet Research Systems (NYSE: FDS) from Neutral to Underperform and cut its price target to $230 (from $300).

skeptical on 3-year plan given tough operating... More

FactSet (FDS) Tops Q4 EPS by 16c, Offers FY Guidance

September 26, 2019 7:00 AM EDT

FactSet (NYSE: FDS) reported Q4 EPS of $2.61, $0.16 better than the analyst estimate of $2.45. Revenue for the quarter came in at $364.3 million versus the consensus estimate of $362.79 million.

GUIDANCE:

FactSet sees FY2020 EPS of $9.85-$10.15, versus the consensus of $10.52. FactSet sees FY2020... More