FactSet Boosts FY24 Earnings Outlook - Update

RTTNews | 208 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 | 300 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 | 393 days ago
U.S. Dollar Falls As Core Inflation Slows

U.S. Dollar Falls As Core Inflation Slows

The U.S. dollar moved down against its major counterparts in the New York session on Wednesday, as core consumer inflation came in cooler than expected in December, supporting hopes of rate cuts by the Federal Reserve.
RTTNews | 5h 5min ago
New York Manufacturing Index Unexpectedly Indicates Contraction In January

New York Manufacturing Index Unexpectedly Indicates Contraction In January

New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index tumbled to a negative 12.6 in January from a positive 2.1 in December, with a negative reading indicating contraction.
RTTNews | 7h 52min ago
U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December

U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December

While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more than expected in the month of December, the report also showed an unexpected slowdown by the annual rate of core consumer price growth.
RTTNews | 8h 7min ago
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