FactSet Reports Results for Third Quarter 2024

UBS Reiterates Neutral Rating on FactSet Research Systems (FDS)

UBS analyst Alex Kramm reiterated a Neutral rating and $455.00 price target on FactSet Research Systems (NYSE: FDS).

The analyst comments "FDS shares outperformed following F3Q24 results as the reduction in the FY24 outlook for both organic ASV growth and revenue was... More

RBC Capital Reiterates Sector Perform Rating on FactSet Research Systems (FDS)

RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating and $464.00 price target on FactSet Research Systems (NYSE: FDS)

The analyst comments "The CS-UBS ASV headwind of 30bps in 3Q24 was lower than feared and cleared up one of the key... More

FactSet Research Systems (FDS) PT Raised to $461 at Deutsche Bank

Deutsche Bank analyst Faiza Alwy raised the price target on FactSet Research Systems (NYSE: FDS) to $461.00 (from $457.00) while maintaining a Hold rating.

The analyst comments "FDS stock increased nearly 4% on friday amidst low expectations (as highlighted in an earlier note), in-line... More

Goldman Sachs Reiterates Sell Rating on FactSet Research Systems (FDS)

Goldman Sachs analyst George K. Tong reiterated a Sell rating and $419.00 price target on FactSet Research Systems (NYSE: FDS)

The analyst comments "We expect investors to have a negative reaction to FactSets F3Q 2024 earnings release, with management reducing the full year guide for revenue and organic Annual Subscription Value (ASV) plus professional services, partially mitigated... More

FactSet (FDS) Tops Q3 EPS by 47c

FactSet (NYSE: FDS) reported Q3 EPS of $4.37, $0.47 better than the analyst estimate of $3.90. Revenue for the quarter came in at $552.7 million versus the consensus estimate of $552.78 million.

GUIDANCE:

FactSet sees FY2024 EPS of $16.00-$16.40, versus the consensus of $15.98. FactSet sees... More