FactSet Research Systems Inc. reports results for the quarter ended August 31 - Earnings Summary

• FactSet Research Systems Inc. FDS.N reported quarterly adjusted earnings of $4.52​​ per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of $4.05. The mean expectation of seventeen analysts for the quarter was for earnings of $4.33 per share. Wall Street expected results to range from $4.22 to $4.52 per share.

• Revenue rose 6.3% to $634.70 million from a year ago; analysts expected $629.83 million.

• FactSet Research Systems Inc.'s reported EPS for the quarter was $3.41​.

• The company reported quarterly net income of $121.13 million.

• FactSet Research Systems Inc. shares had risen by 13.0% this quarter and lost 10.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 6 "sell" or "strong sell." The average consensus recommendation for the professional information services peer group is "buy."

• Wall Street's median 12-month price target for FactSet Research Systems Inc. is $281.77, about 7.7% above its last closing price of $259.97

This summary was machine generated from LSEG data September 30 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)