FactSet Research Systems FDS reported its Q4 earnings results on Thursday, September 22, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
FactSet Research Systems missed estimated earnings by 2.19%, reporting an EPS of $3.13 versus an estimate of $3.2.
Revenue was up $87.40 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.53 which was followed by a 0.97% increase in the share price the next day.
Here's a look at FactSet Research Systems's past performance:
Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
---|---|---|---|---|
EPS Estimate | 3.23 | 2.97 | 2.99 | 2.72 |
EPS Actual | 3.76 | 3.27 | 3.25 | 2.88 |
Revenue Estimate | 473.08M | 426.38M | 419.13M | 404.97M |
Revenue Actual | 488.75M | 431.12M | 424.73M | 411.89M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
FactSet Research Systems management provided guidance for FY 2023, expecting earnings between $14.5 and $14.9 per share.
To track all earnings releases for FactSet Research Systems visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.