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

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UBS Reiterates Neutral Rating on FactSet Research Systems (FDS)

June 24, 2024 8:13 AM EDT

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

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

June 24, 2024 5:25 AM EDT

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)

June 21, 2024 11:56 AM EDT

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 rides on cost cuts to lift annual profit forecast

June 21, 2024 9:29 AM EDT

(Reuters) - FactSet Research Systems raised its forecast for annual adjusted profit on Friday, as the financial data and analytics company bets on cost cuts to counter sluggish revenue growth.

Shares of the company rose 4.2% to $425.45 before the bell.

The Norwalk, Connecticut-based company now expects its annual adjusted per-share earnings to be between $16 and $16.40, higher than its prior forecast of $15.60 to $16.

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FactSet (FDS) Tops Q3 EPS by 47c

June 21, 2024 7:58 AM EDT

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

FactSet (FDS) June 410 straddle into quarter results

June 20, 2024 5:11 AM EDT

FactSet (NYSE: FDS) June 410 straddle priced for a move of 5% into the expected release of quarter results before the bell on June 21.

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