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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.
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