FactSet Research SystemsNYSE: FDS

FactSet (FDS) is benefiting from a growing customer base and a strong global presence.

FactSet's (FDS) third-quarter fiscal 2024 results benefit from price increase, sales to asset owners and growth in transactional revenues.

FactSet's (FDS) third-quarter fiscal 2024 earnings and revenues increase y/y.

While the top- and bottom-line numbers for FactSet (FDS) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

FactSet Research Systems (FDS) shares advanced Friday after the financial data provider posted significantly better-than-expected profit and boosted its full-year guidance on higher revenues from institutional asset managers, asset owners, partners, and corporates.

FactSet Research (FDS) came out with quarterly earnings of $4.37 per share, beating the Zacks Consensus Estimate of $3.91 per share. This compares to earnings of $3.79 per share a year ago.

NORWALK, Conn., June 21, 2024 (GLOBE NEWSWIRE) -- FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced results for its third quarter fiscal 2024 ended May 31, 2024.

Besides Wall Street's top -and-bottom-line estimates for FactSet (FDS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended May 2024.

FactSet (FDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.