Latest news with #FactSetResearch
Yahoo
21 minutes ago
- Business
- Yahoo
FactSet: Modest Growth, Higher Costs
FactSet Research delivered revenue and annual subscription volume growth, but earnings were weighed down by higher costs. The company announced its 26th consecutive annual dividend boost and continues to repurchase shares. FactSet will get a new CEO in September when Sanoke Viswanathan replaces Phil Snow. 10 stocks we like better than FactSet Research Systems › Here's our initial take on FactSet Research Systems' (NYSE: FDS) financial report. Metric Q3 FY24 Q3 FY25 Change vs. Expectations Revenue $552.7 million $585.5 million 6% Beat Adjusted diluted earnings per share $4.37 $4.27 (2%) Missed Organic annual subscription value $2.2 billion $2.3 billion 5% n/a GAAP operating margin 36.6% 33.2% (3.4 pp) n/a Financial data and analysis vendor FactSet grew revenue in the quarter and remains a must-have vendor for its existing client base. But higher costs ate into the bottom line, leading the company to report earnings per share that fell short of Wall Street expectations. Revenue, including the product of acquisitions, grew by 6% year over year, and organic revenue was up 4.4%. FactSet grew its annual subscription value (ASV) by 6%, including the result of acquisitions, to $2.4 billion, and annual ASV retention was greater than 95%. As a percentage of clients, annual retention was 91%. Although costs were higher, much of the added expense can be attributed to timing issues and one-time items. GAAP operating margin fell to 33.2% from 36.6%, which the company attributed to the lapping of both a lower bonus accrual and a one-time payroll tax adjustment, as well as added salaries due to recent acquisitions. FactSet continues to return cash to shareholders. In May, the company announced a 6% increase to its quarterly dividend. It is the 26th consecutive yearly dividend increase. The company also repurchased $80.7 million worth of its shares in the quarter. Over the last decade, FactSet has reduced its share count by more than 8%. The company said its board approved a new $400 million repurchase authorization beginning on Sept. 1. The report was largely more of the same, and investors reacted accordingly. FactSet shares initially fell about 3% in premarket trading, continuing a trend that has seen the stock fall 12% so far in 2025. FactSet reaffirmed its full-year guidance, and CEO Phil Snow said the company has "a healthy pipeline and increased momentum." We are in the final three months of the company's fiscal year, so clarity should be strong. There is also change on the horizon. In early June, FactSet said Snow would be stepping down in September. He will be replaced by Sanoke Viswanathan, a JPMorgan Chase (NYSE: JPM) wealth management executive who was a member of Jamie Dimon's operating committee at the bank. FactSet has a well-regarded product, but its services are priced at a premium, and the total addressable market, buy-side and sell-side bankers, has not been growing. It will be up to Viswanathan to find the catalyst to get markets excited about FactSet again. Full earnings report Investor relations page Before you buy stock in FactSet Research Systems, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and FactSet Research Systems wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends FactSet Research Systems and JPMorgan Chase. The Motley Fool has a disclosure policy. FactSet: Modest Growth, Higher Costs was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Business
- Yahoo
FactSet Research (FDS) Q3 Earnings Lag Estimates
FactSet Research (FDS) came out with quarterly earnings of $4.27 per share, missing the Zacks Consensus Estimate of $4.31 per share. This compares to earnings of $4.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.93%. A quarter ago, it was expected that this financial data firm would post earnings of $4.19 per share when it actually produced earnings of $4.28, delivering a surprise of +2.15%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. FactSet, which belongs to the Zacks Business - Information Services industry, posted revenues of $585.52 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 0.72%. This compares to year-ago revenues of $552.71 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. FactSet shares have lost about 12.1% since the beginning of the year versus the S&P 500's gain of 1.5%. While FactSet has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for FactSet was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.13 on $591.59 million in revenues for the coming quarter and $17.10 on $2.31 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Business - Information Services is currently in the top 11% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Rollins (ROL), another stock in the broader Zacks Business Services sector, has yet to report results for the quarter ended June 2025. This operator of Orkin and other pest and termine control services is expected to post quarterly earnings of $0.29 per share in its upcoming report, which represents a year-over-year change of +7.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Rollins' revenues are expected to be $976.52 million, up 9.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FactSet Research Systems Inc. (FDS) : Free Stock Analysis Report Rollins, Inc. (ROL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Washington Post
3 hours ago
- Business
- Washington Post
FactSet: Fiscal Q3 Earnings Snapshot
NORWALK, Conn. — NORWALK, Conn. — FactSet Research Systems Inc. (FDS) on Monday reported fiscal third-quarter profit of $148.5 million. The Norwalk, Connecticut-based company said it had profit of $3.87 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $4.27 per share. The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.31 per share.
Yahoo
15 hours ago
- Business
- Yahoo
FactSet to Report Q3 Earnings: What's in Store for the Stock?
FactSet Research Systems Inc. FDS is set to report third-quarter fiscal 2025 results on June 23, before market open. FDS surpassed the Zacks Consensus Estimate in the trailing four quarters, delivering an average surprise of 4.9%. FactSet Research Systems Inc. price-eps-surprise | FactSet Research Systems Inc. Quote The consensus estimate for FactSet's fiscal third-quarter revenues is pegged at $581.3 million, indicating a 5.2% increase from the year-ago quarter's reported figure. We anticipate revenues from the Americas to be $374.8 million, indicating 5.2% year-over-year growth. Strength in wealth and hedge funds is likely to have boosted FDS's revenues across the Americas. EMEA revenues are estimated to increase 4.2% from the year-ago quarter's actuals to $147.2 million. Continued momentum across hedge funds and private equity venture capital ('PEVC') across the EMEA region is anticipated to have improved revenues. Revenues from the Asia Pacific are anticipated to be $58.4 million, implying a 6.2% increase on a year-over-year basis. Robust sales of Data Solutions, mainly among wealth, corporates, hedge funds and PEVC firms, are anticipated to have resulted in increasing FDS's revenues across the Asia Pacific region. The consensus mark for earnings is pegged at $4.31 per share, suggesting a 1.4% fall on a year-over-year basis. Our proven model does not conclusively predict an earnings beat for FactSet this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. FactSet has an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank stocks here. ABM ABM posted mixed second-quarter fiscal 2025 results. ABM's EPS was 86 cents, which missed the Zacks Consensus Estimate by 1.2% and declined 1.2% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Total revenues of $2.1 billion surpassed the consensus mark by 2.2% and increased 4.6% from the year-ago quarter. S&P Global Inc. SPGI reported impressive first-quarter 2025 results. SPGI's adjusted EPS of $4.37 surpassed the Zacks Consensus Estimate by 3.6% and gained 9% year over year. Revenues of $3.8 billion beat the consensus estimate by 2% and grew 8.3% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ABM Industries Incorporated (ABM) : Free Stock Analysis Report FactSet Research Systems Inc. (FDS) : Free Stock Analysis Report S&P Global Inc. (SPGI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Seeking Clues to FactSet (FDS) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from FactSet Research (FDS) is expected to reveal quarterly earnings of $4.31 per share, indicating a decline of 1.4% compared to the year-ago period. Analysts forecast revenues of $581.34 million, representing an increase of 5.2% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. In light of this perspective, let's dive into the average estimates of certain FactSet metrics that are commonly tracked and forecasted by Wall Street analysts. The combined assessment of analysts suggests that 'Revenues from clients- US' will likely reach 376.58 million. The estimate points to a change of +5.6% from the year-ago quarter. Analysts predict that the 'Revenues from clients- International' will reach 204.15 million. The estimate indicates a year-over-year change of +4.1%. Analysts' assessment points toward 'Revenues from clients- EMEA' reaching $145.59 million. The estimate suggests a change of +3.1% year over year. The average prediction of analysts places 'Revenues from clients- Asia Pacific' at $58.64 million. The estimate suggests a change of +6.6% year over year. The consensus estimate for 'Total Annual Subscription Value' stands at $2.32 billion. The estimate compares to the year-ago value of $2.22 billion. Analysts expect 'ASV from buy-side clients' to come in at 82.3%. The estimate compares to the year-ago value of 82.3%. It is projected by analysts that the 'Total Users' will reach 225,123. The estimate is in contrast to the year-ago figure of 208,140. The collective assessment of analysts points to an estimated 'ASV - International' of $824.51 million. The estimate compares to the year-ago value of $784.90 million. The consensus among analysts is that 'ASV from sell-side clients' will reach 17.7%. The estimate is in contrast to the year-ago figure of 17.7%. According to the collective judgment of analysts, 'ASV - Domestic' should come in at $1.50 billion. The estimate compares to the year-ago value of $1.42 all Key Company Metrics for FactSet here>>>Shares of FactSet have demonstrated returns of -11% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #4 (Sell), FDS is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FactSet Research Systems Inc. (FDS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
