FactSet: Fiscal Q3 Earnings Snapshot

June 23, 2022 GMT

NORWALK, Conn. (AP) _ FactSet Research Systems Inc. (FDS) on Thursday reported fiscal third-quarter profit of $74.9 million.

On a per-share basis, the Norwalk, Connecticut-based company said it had net income of $1.93. Earnings, adjusted for one-time gains and costs, came to $3.76 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.18 per share.

The financial data firm posted revenue of $488.8 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $476.1 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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