FactSet Research Systems Third Quarter 2024 Earnings: EPS Beats Expectations

FactSet Research Systems (NYSE:FDS) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$552.7m (up 4.3% from 3Q 2023).
• Net income: US$158.1m (up 17% from 3Q 2023).
• Profit margin: 29% (up from 25% in 3Q 2023).
• EPS: US$4.15 (up from US$3.52 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

FactSet Research Systems EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for FactSet Research Systems that you should be aware of.

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