FactSet Research Systems Inc. (FDS) reported improved earnings for its first quarter, surpassing Wall Street expectations. The company posted a net income of $150.022 million, which translates to $3.89 per share, up from $148.555 million or $3.84 per share during the same quarter last year. On an adjusted basis, FactSet achieved earnings of $168.132 million or $4.37 per share.
The consensus among analysts, as gathered by Thomson Reuters, was a projected earnings per share (EPS) of $4.28, typically excluding any special items.
Revenue for the quarter experienced a 4.9% growth, reaching $568.667 million, compared to $542.216 million in the previous year.
A snapshot of FactSet's quarterly financial performance (GAAP) is as follows:
- **Net Income (Q1):** $150.022 million, compared to $148.555 million last year.
- **Earnings Per Share (EPS, Q1):** $3.89, up from $3.84 in the previous year.
- **Revenue (Q1):** $568.667 million, up from $542.216 million last year.
**Outlook:**
- **Full-year EPS guidance:** Between $16.80 and $17.40.
- **Full-year revenue guidance:** Ranging from $2.285 billion to $2.305 billion.
The material has been provided by InstaForex Company - www.instaforex.com
The consensus among analysts, as gathered by Thomson Reuters, was a projected earnings per share (EPS) of $4.28, typically excluding any special items.
Revenue for the quarter experienced a 4.9% growth, reaching $568.667 million, compared to $542.216 million in the previous year.
A snapshot of FactSet's quarterly financial performance (GAAP) is as follows:
- **Net Income (Q1):** $150.022 million, compared to $148.555 million last year.
- **Earnings Per Share (EPS, Q1):** $3.89, up from $3.84 in the previous year.
- **Revenue (Q1):** $568.667 million, up from $542.216 million last year.
**Outlook:**
- **Full-year EPS guidance:** Between $16.80 and $17.40.
- **Full-year revenue guidance:** Ranging from $2.285 billion to $2.305 billion.
The material has been provided by InstaForex Company - www.instaforex.com