Factset Research Systems Inc reports results for the quarter ended February 28 - Earnings Summary

• Factset Research Systems Inc FDS.N reported quarterly adjusted earnings of $4.28​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $4.22. The mean expectation of eighteen analysts for the quarter was for earnings of $4.16 per share. Wall Street expected results to range from $4.00 to $4.35 per share.

• Revenue rose 4.5% to $570.66 million from a year ago; analysts expected $570.61 million.

• Factset Research Systems Inc's reported EPS for the quarter was $3.76​.

• The company reported quarterly net income of $144.86 million.

• Factset Research Systems Inc shares had fallen by 8.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 12 "hold" and 6 "sell" or "strong sell."

• The average consensus recommendation for the professional information services peer group is also "hold"

Wall Street's median 12-month price target for Factset Research Systems Inc is $452.00

This summary was machine generated from LSEG data March 20 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)