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NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — FactSet Research Systems Inc. (FDS) on Thursday reported fiscal second-quarter net income of $140.9 million.
The Norwalk, Connecticut-based company said it had profit of $3.65 per share. Earnings, adjusted for amortization costs and restructuring costs, came to $4.22 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.83 per share.
The financial data firm posted revenue of $545.9 million in the period, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $547.9 million.
FactSet expects full-year earnings in the range of $15.60 to $16 per share, with revenue in the range of $2.2 billion to $2.21 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDS at https://www.zacks.com/ap/FDS