FactSet Research Systems Q4 Adj EPS $2.93 Misses $3.50 Estimate, Sales $535.80M Beat $535.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
FactSet Research Systems (NYSE:FDS) reported Q4 earnings of $2.93 per share, missing the analyst consensus estimate of $3.50 by 16.29%. This is a 6.39% decrease from the same period last year. However, the company reported quarterly sales of $535.80 million, beating the analyst consensus estimate of $535.28 million by 0.10%. This is a 7.31% increase from the same period last year.
September 21, 2023 | 11:01 am
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NEUTRAL IMPACT
FactSet's Q4 earnings missed estimates by 16.29%, but sales beat estimates by 0.10%. This mixed report may lead to uncertainty in the market.
FactSet's earnings miss could negatively impact the stock price, but the sales beat could offset this. The mixed report may lead to uncertainty among investors, potentially causing volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100