FactSet Research Systems (FDS) Releases Earnings Results, Beats Expectations By $0.01 EPS

FactSet Research Systems (FDS) reported quarterly earnings results on Tuesday, Jun-28-2016. The company said it had a profit of $1.64 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $1.63. The company posted revenue of $287.50 million in the period, compared to analysts expectations of $287.67 million. The company’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.42 EPS.

FactSet Research Systems closed down -4.1 points or -2.64% at $151.19 with 7,05,430 shares getting traded on Monday. Post opening the session at $153.11, the shares hit an intraday low of $149.39 and an intraday high of $153.93 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Apr 15, 2016, Rachel Rebecca Stern (Senior Vice President) sold 4,583 shares at $153.37 per share price. According to the SEC, on Apr 14, 2016, Mark J. Hale (Chief Operating Officer) sold 1,823 shares at $150.05 per share price. On Apr 14, 2016, Joseph E Jr Laird (director) sold 2,500 shares at $151.83 per share price, according to the Form-4 filing with the securities and exchange commission.

FactSet Research Systems Inc. (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S. Europe and Asia Pacific. Sales consulting data collection product development and software engineering are the primary functional groups within the U.S. Europe and Asia Pacific segments that provide global financial and economic information to investment managers investment banks and other financial services professionals. The U.S. segment services finance professionals including financial institutions throughout the Americas while the European and Asia Pacific segments service investment professionals located throughout Europe and the Asia Pacific region respectively. FactSet combines content regarding companies and securities from markets all over the globe into a single online platform of information and analytics.

FactSet Research Systems

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