Fiscal 2024 Expectations (with reference to most recent previous guidance):
- Organic ASV plus professional services is expected to grow in the range of $85 million to $120 million during fiscal 2024 (reduced from $110 million to $150 million). This represents ASV growth of 4.8% at the midpoint.
- GAAP revenues are expected to be in the range of $2,180 million to $2,190 million (down from $2,200 million to $2,210 million).
- GAAP operating margin is expected to be in the range of 33.7% to 34.0% (up from 32.5% to 33.0%).
- Adjusted operating margin is expected to be in the range of 37.0% to 37.5% (up from 36.3% to 36.7%).
- FactSet’s annual effective tax rate is expected to be in the range of 16.5% to 17.5% (unchanged).
- GAAP diluted EPS is expected to be in the range of $14.55 to $14.95 (up from $13.95 to $14.35).
- Adjusted diluted EPS is expected to be in the range of $16.00 to $16.40 (up from $15.60 to $16.00).