FactSet Research SystemsNYSE: FDS

Incorporating investor engagement into FactSet's research processes creates a complete solution for investor relations. This integration enhances the way research is conducted and improves communication with investors. Overall, it provides a more comprehensive approach to managing investor relations.

FactSet Research Systems Inc. was established in 1978 and has become a top provider of financial information, delivering reliable data through various platforms to assist different client needs. The company generates stable and recurring revenue of more than $2.2 billion each year, maintains a 38% operating margin, and has a retention rate that stays above 90%. Their strategic investments aim to enhance data offerings, integrate into client workflows, and utilize AI, which helps them grow and stay competitive.

FactSet Research Systems Inc. is a reliable provider of financial data, known for steady revenue growth, stable profit margins, and a good return on investment. The company has a strong track record of paying dividends and is close to achieving Dividend Aristocrat status. Recently, it announced impressive earnings, surpassing revenue and earnings per share expectations, along with a high retention rate and better operating margins, which resulted in a positive reaction from the market.

I maintain my buy rating for FactSet Research Systems because of its promising growth prospects, supported by recent and anticipated Fed rate cuts. The company showed strong revenue growth and profit margins, with earnings per share surpassing expectations, even in a tough selling environment and with some one-time costs. Management's cautious guidance for FY25 is expected to be surpassed thanks to GenAI solutions, easier growth comparisons, and better overall economic conditions.

FDS's earnings and revenues for the fourth quarter of fiscal 2024 have risen compared to the same period last year.

FactSet Research Systems Inc. (NYSE:FDS) will hold its Q4 2024 Earnings Conference Call on September 19, 2024, at 11:00 AM ET. The call will feature company leaders, including CEO Philip Snow and CFO Helen Shan, along with various analysts from major financial institutions. The operator will now pass the call to Kate Kirby.

The main figures for FactSet (FDS) provide an overview of the company's performance for the quarter that ended in August 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

FactSet Research (FDS) reported quarterly earnings of $3.74 per share, which is higher than the Zacks Consensus Estimate of $3.60 per share. This is an increase compared to last year's earnings of $2.93 per share.

Instead of just focusing on Wall Street's predictions for FactSet's (FDS) earnings, let's explore some important metrics to better understand how the company might perform in the quarter that ended in August 2024. This will give us a clearer picture of its potential.