FactSet Boosts FY24 Earnings Outlook - Update

RTTNews | 380 days ago
Stocktwits
FactSet Boosts FY24 Earnings Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Friday, FactSet Research Systems, Inc. (FDS) raised its earnings and adjusted earnings guidance for the full-year 2024, while trimming revenue outlook.

For fiscal 2024, the company continues to project earnings in a range of $14.55 raised to $14.95 per share and adjusted earnings in a range of $16.00 to $16.40 per share on revenue between $2.18 billion and $2.19 billion.

Previously, the company expected earnings in the range of $13.95 to $14.35 per share and adjusted earnings in the range of $15.60 to $16.00 per share on revenue between $2.20 billion and $2.21 billion.

On average, 17 analysts polled by Thomson Reuters expect the company to report earnings of $15.98 per share on revenues of $2.20 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: FDS
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FactSet Reaffirms FY24 Outlook; Q2 Adj. EPS Tops View

FactSet Reaffirms FY24 Outlook; Q2 Adj. EPS Tops View

While reporting financial results for the second quarter on Thursday, FactSet Research Systems, Inc. (FDS) reaffirmed its earnings, adjusted earnings revenue guidance for the full-year 2024.
RTTNews | 472 days ago
FactSet Q1 Results Top Estimates, But Trims FY24 Outlook

FactSet Q1 Results Top Estimates, But Trims FY24 Outlook

FactSet Research Systems, Inc. (FDS) reported Tuesday that net income for the first quarter increased to $148.56 million or $3.84 per share from $136.80 million or $3.52 per share in the prior-year quarter.
RTTNews | 565 days ago
European Economic News Preview: Germany Industrial Output Data Due

European Economic News Preview: Germany Industrial Output Data Due

Industrial production from Germany and house prices from the UK are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for May. Industrial production is forecast to fall 0.6 percent month-on-month, slower than the 1.4 percent decrease in April. In the meantime, UK Halifax house price data is due.
RTTNews | 9 minutes ago
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, reversing the slight gains in the previous session, following the negative cues from European markets and lack of cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,600.00 level, with weakness in gold miners and financial stocks and a mixed performance most other sectors.
RTTNews | 2h 4min ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following he broadly negative cues from European markets and lack of cues from Wall Street on Friday, amid ongoing concerns about U.S. tariffs after US President Donald Trump announced that his government will send letters to around 170 trading partners outlining new, simple unilateral tariffs that will take effect on August 1.
RTTNews | 2h 53min ago
Lower Open Anticipated For Thai Stock Market

Lower Open Anticipated For Thai Stock Market

The Thai stock market on Friday ended the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,120-point plateau and it's expected to see further downside on Monday.
RTTNews | 3h 34min ago
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