FactSet Research Systems Q3 2024 Adj EPS $4.37 Beats $3.90 Estimate, Sales $552.708M Miss $552.712M Estimate
Portfolio Pulse from Benzinga Newsdesk
FactSet Research Systems (NYSE:FDS) reported Q3 2024 adjusted EPS of $4.37, beating the analyst estimate of $3.90 by 12.05%. However, sales of $552.708 million slightly missed the estimate of $552.712 million. Sales increased by 4.32% compared to the same period last year.
June 21, 2024 | 11:01 am
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FactSet Research Systems reported Q3 2024 adjusted EPS of $4.37, beating estimates by 12.05%. Sales of $552.708 million slightly missed the estimate of $552.712 million. Sales increased by 4.32% YoY.
The significant beat on EPS is likely to have a positive impact on the stock price in the short term, despite the slight miss on sales. The YoY sales growth of 4.32% also adds a positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100