Wednesday, FactSet Research Systems (NYSE: FDS) reported its third-quarter results prior to markets open.
The quarter recorded adjusted earnings of $4.53 per share, surpassing analyst expectations of $4.46 per share. This compares to $4.27 per share reported in the same period last year.
FactSet generated quarterly revenue of $622.92 million, exceeding analyst projections of $618.25 million and higher than the $585.52 million reported a year earlier.
Sanoke Viswanathan, CEO, commented, “FactSet’s strong third quarter results reflect solid execution against our strategic priorities and continued demand for our differentiated content, analytics, and workflow solutions. Clients are choosing FactSet to power critical workflows and informed decision-making, driving a robust pipeline and accelerating enterprise contracts.”
For the fiscal year 2026, the company disclosed an earnings estimate range of $17.25 to $17.75 per share, compared with analyst expectations of $17.71 per share. Revenue estimates were set between $2.45 billion and $2.47 billion, aligning with consensus estimates of $2.46 billion.
In pre-market trading, FactSet Research Systems Inc. (NYSE: FDS) is down 1.43 percent to $226.80. This represents a decrease of $3.28 from the previous close of $230.08. Over the past 52 weeks, the stock has traded between $185.00 and $453.41.
