FactSet: Fiscal Q1 Earnings Snapshot
By AP News
Published - Dec 19, 2024, 07:11 AM ET
Last Updated - Dec 19, 2024, 07:11 AM EST
NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — FactSet Research Systems Inc. (FDS) on Thursday reported fiscal first-quarter earnings of $150 million.
On a per-share basis, the Norwalk, Connecticut-based company said it had profit of $3.89. Earnings, adjusted for one-time gains and costs, were $4.37 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.30 per share.
The financial data firm posted revenue of $568.7 million in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $565.4 million.
