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FactSet: Fiscal Q2 Earnings Snapshot

March 24, 2022 GMT

NORWALK, Conn. (AP) _ FactSet Research Systems Inc. (FDS) on Thursday reported fiscal second-quarter net income of $109.9 million.

On a per-share basis, the Norwalk, Connecticut-based company said it had profit of $2.84. Earnings, adjusted for one-time gains and costs, were $3.27 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.

The financial data firm posted revenue of $431.1 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $427 million.

FactSet expects full-year earnings in the range of $12.75 to $13.15 per share, with revenue in the range of $1.8 billion to $1.83 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDS at https://www.zacks.com/ap/FDS