FactSet Research Systems

FactSet Research Systems Inc. (the Company or FactSet) is a global provider of integrated financial information, analytical applications and services for the investment and corporate communities. Since inception, global financial professionals have utilized the Company's content and multi-asset class solutions across each stage of the investment process. FactSet's goal is to provide a seamless user experience spanning idea generation, research, portfolio construction, trade execution, performance measurement, risk management, reporting, and portfolio analysis, in which the Company serves the front, middle, and back offices to drive productivity and improved performance. FactSet's flexible, open data and technology solutions can be implemented both across the investment portfolio lifecycle or as standalone components serving different workflows in the organization. FactSet is focused on growing the business throughout each of its three segments, the Americas, EMEA (formerly known as Europe), and Asia Pacific. The Company primarily delivers insight and information through the workflow solutions of Research, Analytics and Trading, Content and Technology Solutions (CTS) and Wealth. FactSet currently serves financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet provides both insights on global market trends and intelligence on companies and industries, as well as capabilities to monitor portfolio risk and performance and to execute trades. The Company combines dedicated client service with open and flexible technology offerings, such as a configurable desktop and mobile platform, comprehensive data feeds, an open marketplace and digital portals and application programming interfaces (APIs). The Company’s revenue is primarily derived from subscriptions to products and services such as workstations, analytics, enterprise data, and research management. FactSet Research Systems was founded by Howard E. Wille and Charles J. Snyder in September 1978 and is headquartered in Norwalk, CT.

Earnings data Q2 2021

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FactSet reports solid Q1 performance amidst cautious client spending

FactSet reports solid performance with organic ASV growth and revenue, but faces challenges from cautious client spending and a muted hiring environment. The company is optimistic about future opportunities in margin expansion, potential M&A activities, and advancements in product evolution and generative AI.

FactSet Research Systems reports robust Q2 performance amidst market challenges

FactSet's Q2 performance showcased strong growth, disciplined expense management, and strategic acquisitions. While facing challenges in market volatility, the company remains optimistic about future opportunities. With a focus on investments, margin improvement, and client-centric growth strategies, FactSet aims for sustained success.

FactSet reports solid Q3 earnings amidst market challenges and growth opportunities

FactSet Research Systems delivered solid financial performance in Q3, driven by organic ASV growth, margin expansion efforts, and strategic investments in generative AI technology.
While facing challenges from market volatility and cautious client behavior, the company remains focused on cost management, client alignment, and driving growth through product evolution and M&A opportunities.
With a diverse revenue mix, strong client relationships, and a commitment to margin expansion, FactSet is well-positioned to capitalize on opportunities in generative AI, wealth channel growth, and market recovery indicators.

FactSet reports strong fiscal 2023 performance, eyes gen AI growth

FactSet's fiscal 2023 performance reflects solid organic ASV growth and revenue, driven by strategic wins and investments in gen AI and user experience.
While facing challenges in adjusted EPS growth and cost savings realization, FactSet's strengths in gen AI, client interactions, and market optimism present growth opportunities.
With a focus on innovation, efficiency, and client-centric solutions, FactSet is poised for continued growth and market leadership in fiscal 2024 and beyond.

FactSet reports solid Q1 performance but revises FY24 guidance

FactSet's Q1 performance showcased growth in ASV and revenue, but revised guidance reflects challenges in sales cycles and client budgets. Despite market uncertainties, the company is confident in long-term growth, emphasizing efficiency gains through AI and strategic M&A opportunities.

FactSet reports solid Q2 performance amidst market challenges and opportunities

FactSet's Q2 2024 performance showed growth in ASV and EPS, but challenges in ASV retention and market conditions. The company's strengths lie in partner growth and efficiency gains from AI tools, while facing challenges in client count growth and expense management. Opportunities include cost avoidance through AI tools and a focus on margin improvement.

FactSet Reports Solid Q3 2024 Growth, Expands AI Integration

In Q3 2024, FactSet demonstrated solid financial performance and strategic growth through new client acquisitions and product enhancements. The company's focus on leveraging generative AI and expanding its market data offerings positions it well for sustained growth. FactSet remains committed to high retention rates and anticipates an organic ASV plus professional services growth rate of 4% to 5.5% for the fiscal year.

FactSet surpasses expectations in fiscal 2024, outlines growth strategies

FactSet Research Systems delivered strong financial performance in fiscal 2024, exceeding guidance and showcasing growth across regions.
The company's strategic focus on key pillars for fiscal 2025 sets the stage for continued expansion and innovation.
Challenges in expense management and segment-specific softness require attention for sustained growth and profitability.

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FactSet Research Systems Inc. (the Company or FactSet) is a global financial digital platform and enterprise solutions provider with open and flexible technologies that aims to supercharge financial intelligence. Since inception, global financial professionals have utilized the company's content and multi-asset class solutions across each stage of the investment process. FactSet's goal is to provide a seamless user experience spanning idea generation, research, portfolio construction, trade execution, performance measurement, risk management, reporting, and portfolio analysis, in which the company serves the front, middle, and back offices to drive productivity and improved performance. FactSet's flexible, open data and technology solutions can be implemented both across the investment portfolio lifecycle or as standalone components serving different workflows in the organization. FactSet is focused on growing the business throughout each of its three segments, the Americas, EMEA (formerly known as Europe), and Asia Pacific. FactSet revised its internal organization within each segment to offer data, products and analytical applications by firm type: Institutional Buyside, Dealmakers, Wealth, and Partnerships and CGS. The company believes organization by firm type better aligns with its clients, the long-term view of its business and commitment to investing for growth and efficiency. FactSet currently serves financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet provides both insights on global market trends and intelligence on companies and industries, as well as capabilities to monitor portfolio risk and performance and to execute trades. The company combines dedicated client service with open and flexible technology offerings, such as a configurable desktop and mobile platform, comprehensive data feeds, an open marketplace and digital portals and application programming interfaces (APIs). The company’s revenue is primarily derived from subscriptions to products and services such as workstations, analytics, enterprise data, and research management. FactSet Research Systems was founded by Howard E. Wille and Charles J. Snyder in September 1978 and is headquartered in Norwalk, CT.

While the top- and bottom-line numbers for FactSet (FDS) give a sense of how the business performed in the quarter ended November 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, FactSet (FDS) Q1 Earnings: A Look at Key Metrics

NORWALK, Conn., Dec. 19, 2023 (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 first fiscal 2024 quarter ended November 30, 2023.

FactSet Reports Results for First Quarter 2024

FactSet is a financial data and software tools provider, offering detailed and up-to-date information for investment professionals. FactSet is considered more cost-effective and user-friendly compared to competitors like Bloomberg. FactSet is exploring AI technology to enhance its services and provide smart insights and easy-to-use tools for its customers.

FactSet: Navigating The Future Of Financial Data With Innovation And AI

FactSet offers crucial financial data access to investors and operates in a competitive industry alongside MSCI and S&P Global. In Q4 2023, FactSet reported solid revenue growth and expects continued growth in fiscal 2024. FactSet is strategically investing in Artificial Intelligence to enhance its offerings and stay ahead in the financial data industry.

Factset: A High-Quality Compounder

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Beyond analysts' top -and-bottom-line estimates for FactSet (FDS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2023.

FactSet (FDS) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

FactSet's (FDS) first-quarter fiscal 2024 earnings and revenues are expected to have increased year over year.

FactSet (FDS) to Report Q1 Earnings: What's in the Offing?

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FactSet (FDS) gains from its global presence while returning value to shareholders. Integration risks remain a concern.

Reasons Why You Should Retain FactSet Research (FDS) Stock

NORWALK, Conn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, announced today that it will release its financial and operating results for the first quarter fiscal 2024, ending November 30, 2023, on Tuesday, December 19, 2023. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Tuesday, December 19, 2023.

FactSet Schedules First Quarter 2024 Earnings Call

FactSet's strong customer retention and high cash generation may indicate a wide moat. Its 25% free-cash-flow margins provide ample room for reinvesting in the company.

History Suggests This Unheralded S&P 500 Dividend Stock Is a No-Brainer to Buy and Hold Forever

FactSet (FDS) continues to ride on a growing customer base and strong global presence.

FactSet (FDS) Rises 11% Year to Date: Here's What to Know

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Financial markets rely on a multitude of companies to grow and evolve. CME Group is the top derivatives exchange operator and benefits from volatile markets.

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FactSet Research Systems Inc. has a 23-year track record of increasing its dividend, making it a reputable and reliable dividend payer. The company's low payout ratio and moderate dividend yield indicate that its dividend is sustainable and has potential for growth. FactSet's stable financial position, strong return on equity, and investment in innovation support its long-term dividend growth.

FactSet Research Systems: A Prudent Dividend Choice

FactSet (FDS) witnesses an increase in revenues in the fourth quarter of fiscal 2023, driven by growth in Analytics & Trading and Content & Technology solutions.

FactSet (FDS) Q4 Earnings Miss Estimates, Revenues Surpass

FactSet Research Systems Inc. (NYSE:FDS ) Q4 2023 Earnings Conference Call September 21, 2023 11:00 AM ET Company Participants Kendra Brown - Senior Vice President, Investor Relations Phil Snow - Chief Executive Officer Linda Huber - Chief Financial Officer Helen Shan - Chief Revenue Officer Conference Call Participants Seth Weber - Wells Fargo Manav Patnaik - Barclays Jeff Silber - BMO Capital Markets Kelsey Zhu - Autonomous Alex Kramm - UBS Faiza Alwy - Deutsche Bank George Tong - Goldman Sachs Andrew Nicholas - William Blair Ashish Sabadra - RBC Capital Markets Heather Balsky - Bank of America Shlomo Rosenbaum - Stifel Toni Kaplan - Morgan Stanley Craig Huber - Huber Research Partners Operator Good day, and thank you for standing by. Welcome to the FactSet Fourth Quarter Fiscal 2023 Earnings Call.

FactSet Research Systems Inc. (FDS) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for FactSet (FDS) give a sense of how the business performed in the quarter ended August 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

FactSet (FDS) Reports Q4 Earnings: What Key Metrics Have to Say

FactSet Research (FDS) came out with quarterly earnings of $2.93 per share, missing the Zacks Consensus Estimate of $3.49 per share. This compares to earnings of $3.13 per share a year ago.

FactSet Research (FDS) Misses Q4 Earnings Estimates

FactSet Research Systems (NASDAQ:FDS) shares fell after it reported fourth-quarter earnings that fell short of expectations and provided an outlook for 2024 that also disappointed investors. The financial data and software company reported a 7.3% rise in revenues to $535.8 million, slightly ahead of the $535.3 million expected by Wall Street analysts.

FactSet shares decline on 4Q earnings decline, soft outlook

NORWALK, Conn., Sept. 21, 2023 (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 fourth quarter and full fiscal year 2023 ended August 31, 2023.

FactSet Reports Results for Fourth Quarter 2023

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FactSet (FDS) could produce exceptional returns because of its solid growth attributes.

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FactSet (FDS) maintains a performance-based organizational culture with a focus on talent and technology.

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Kendra Brown, Head of Investor Relations, changing roles September 1, 2023 Kendra Brown, Head of Investor Relations, changing roles September 1, 2023

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