Earnings Outlook For FactSet Research Systems
Portfolio Pulse from Benzinga Insights
FactSet Research Systems (NYSE:FDS) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with an estimated EPS of $3.88. Historical data shows a positive correlation between earnings performance and stock price movement. Shares are currently trading at $481.87, reflecting a 23.58% increase over the last 52 weeks. Investors are optimistic but will focus on both the earnings outcome and the company's future guidance.
March 20, 2024 | 2:01 pm
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FactSet Research Systems is expected to report an EPS of $3.88 for the quarter. Historical performance suggests a positive stock price movement post-earnings, with shares currently up 23.58% over the last year.
Given FactSet's history of positive stock performance following earnings reports that meet or exceed expectations, and considering the current positive trend in its stock price, it is likely that FDS will experience a short-term positive impact if it meets or exceeds the EPS estimate. The historical data provided shows a consistent positive reaction in the stock price to earnings beats, suggesting investor confidence in the company's performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100