FactSet Research Systems Q1 Adj. EPS $4.12 Beats $4.11 Estimate, Sales $542.20M Beat $540.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
FactSet Research Systems (NYSE:FDS) reported Q1 adjusted EPS of $4.12, surpassing the consensus estimate of $4.11, and sales of $542.20M, also beating the estimate of $540.36M. These figures represent a 3.26% increase in EPS and a 7.41% increase in sales compared to the same period last year.
December 19, 2023 | 12:01 pm
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FactSet Research Systems reported higher-than-expected Q1 earnings and sales, indicating a positive performance compared to the same period last year.
FactSet's earnings and sales beat not only reflects a positive quarterly performance but also suggests operational efficiency and growth. This typically leads to positive investor sentiment and could result in a short-term uptick in the stock price.
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