FactSet Research Q4 Earnings: Revenue And Profit Beat, Adds 188 New Clients, Margin Boost And More
Portfolio Pulse from Anusuya Lahiri
FactSet Research Systems Inc (NYSE: FDS) reported strong Q4 2024 earnings, with revenue and profit exceeding expectations. The company added 188 new clients, improved its operating margin, and provided a positive FY25 outlook.
September 19, 2024 | 11:49 am
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FactSet Research Systems reported better-than-expected Q4 2024 earnings, with a 4.9% increase in revenue and a 5.0% rise in organic revenue. The company added 188 new clients and improved its operating margin. The FY25 outlook is positive, with expected revenue and EPS in line with or above estimates.
FactSet's Q4 earnings exceeded expectations, with significant revenue growth and client additions. The improved operating margin and positive FY25 outlook suggest potential stock price appreciation. The company's strategic focus on growth and efficiency resonates well with clients.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100