FactSet Research Systems’ Fiscal Q3 Adjusted Earnings, Revenue Rise

FactSet Research Systems (FDS) reported fiscal Q3 adjusted earnings Friday of $4.37 per diluted share, up from $3.79 a year earlier.

Analysts polled by FactSet expected $3.91.

Revenue for the quarter ended May 31 was $552.7 million, compared with $529.8 million a year earlier.

Analysts surveyed by FactSet expected $552.7 million.

The company raised its fiscal-year 2024 adjusted earnings guidance to $16.00 to $16.40 per diluted share, from $15.60 to $16.00. Analysts polled by FactSet expect $16.00.

The company reduced its revenue outlook for the year to $2.18 billion to $2.19 billion, from $2.20 billion to $2.21 billion. Analysts surveyed by FactSet expect $2.20 billion.

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