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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

NORWALK, Conn., Aug. 24, 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 fourth quarter fiscal 2023, ending August 31, 2023, on Thursday, September 21, 2023. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Thursday, September 21, 2023.

FactSet Schedules Fourth Quarter 2023 Earnings Call

Factset (FDS) banks on its global presence while being exposed to foreign currency exchange risks.

Here's Why Investors Should Retain FactSet Research (FDS)

FactSet Research, a primary data provider to the financial industry, has a long history of outperforming the markets, with shares up 104.8% in the past five years and 282% in the past decade. According to CFRA, FactSet has grown its top line for 42 consecutive years and its bottom line for 26 consecutive years. FactSet boasts a 23-year dividend growth streak.

FactSet Research: One Of The Best Dividend Growth Stocks That You've Never Heard Of

NORWALK, Conn., July 17, 2023 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, announced the appointment of Catrina Harding as Executive Vice President, Chief People Officer, effective July 17, 2023. In this role, she will oversee FactSet's global human resources organization and report directly to Chief Executive Officer (CEO) Phil Snow.

FactSet Appoints Catrina Harding as Executive Vice President, Chief People Officer

NORWALK, Conn., July 12, 2023 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, announced the acquisition of idaciti, Inc. (“idaciti”), an innovator in data structuring and collection technology.

FactSet Acquires idaciti, Inc.

Efforts to strengthen its global presence as well as pro-investor steps boost FactSet (FDS).

Here's Why You Should Retain FactSet (FDS) in Portfolio Now

Commercial Metals

It is earnings season for many companies, and a few welcoming surprises have emerged as several have successfully beaten estimates.

2 Recent Earnings Beaters to Consider

FactSet (FDS) witnesses earnings and revenue growth driven by improvement in Analytics & Trading and Content & Technology solutions.

FactSet (FDS) Beats on Q3 Earnings & Revenues, Raises Guidance

FactSet Research System NYSE: FDS stock is down more than 6% following the Q3 earnings release on a knee-jerk reaction to the news. The company issued a tepid report and guidance but not the kind of news to cause such a move.

FactSet Research Systems Falls Into The Buy Zone

FactSet Research Systems Inc. (NYSE:FDS ) Q3 2023 Earnings Conference Call June 22, 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 Brendan Popson - Barclays George Tong - Goldman Sachs Alex Kramm - UBS Heather Balsky - Bank of America Hans Hoffman - Jefferies Toni Kaplan - Morgan Stanley Kevin McVeigh - Credit Suisse AG Shlomo Rosenbaum - Stifel Owen Lau - Oppenheimer Craig Huber - Huber Research Partners John Mazzoni - Wells Fargo Faiza Alwy - Deutsche Bank Andrew Nicholas - William Blair Russell Quelch - Redburn Jeff Silber - BMO Capital Markets Operator Good day and thank you for standing by. Welcome to the FactSet Research Third Quarter Fiscal Year 2023 Earnings Call.

FactSet Research Systems Inc. (FDS) Q3 2023 Earnings Call Transcript

FactSet shares declined after the company said it expects full-year revenue to be at the low end of its forecast.

FactSet Shares Slide After Projecting 2023 Revenue at Low End of Forecast

FactSet Research (FDS) came out with quarterly earnings of $3.79 per share, beating the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $3.76 per share a year ago.

FactSet Research (FDS) Q3 Earnings and Revenues Beat Estimates

NORWALK, Conn., June 22, 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 third quarter ended May 31, 2023.

FactSet Reports Results for Third Quarter 2023

FactSet's (FDS) revenues are likely to increase in the third quarter of 2023 due to organic growth and an increasing client base.

FactSet (FDS) to Report Q3 Earnings: Here's What to Expect

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.

Earnings Preview: FactSet Research (FDS) Q3 Earnings Expected to Decline

Broadcom

Eli Lilly

Radian Group

Assurant

NCR Corporation

Walmart

No, you read this correctly – we're here to discuss overvalued value stocks to sell. Seemingly a contradiction in terms, a company that becomes overvalued by nature is no longer a value play.

7 Overvalued Value Stocks to Sell Before June 2023

Ashland Global Hlds

Expeditors International of Washington

First Merchants

Hamilton Beach Brands Hld

Houlihan Lokey

LyondellBasell Industries

ManpowerGroup

Materion

NACCO Industries

PepsiCo

QUALCOMM

Schwab US Dividend Equity ETF

Advanced Drainage Systems

Watts Water Technologies

All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.2% and a median increase of 6.3%.

15 Upcoming Dividend Increases, Including 1 Dividend King

NORWALK, Conn, May 25, 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 third quarter fiscal 2023, ending May 31, 2023, on Thursday, June 22, 2023. FactSet will also host a conference call to discuss these results at 11:00 a.m. Eastern Time on Thursday, June 22, 2023.

FactSet Schedules Third Quarter 2023 Earnings Call

FactSet's financials have not indicated any pressure from financial sector volatility to date. Although management has made guidance more conservative as a result. Looking further, we find that FactSet is not particularly reliant on the banking sector as a whole and has no exposure to commercial banking.

FactSet: Financial Services SaaS That Is Still A Good Long-Term Buy

Barclays

Realty Income Corp

Healthpeak Properties

The majority of analysts have a buy rating on these REITs. They offer dividends yielding more than 4.5% that analysts believe will grow over the next few years.

4 Dividend Stocks Yielding 4.5%-Plus That Are Great Buys, According to Wall Street

Apple

Ameriprise Financial

Aptargroup

American Water Works

Costco

Discover

First Financial Bankshares

H.B. Fuller

W.W. Grainger

Johnson & Johnson

Lithia Motors

Lakeland Bancorp

Lindsay

MetLife

Procter & Gamble

PNC Financial Services

Portland General Electric

Southern Company

Sonoco Products

Sysco

Travelers

Procter & Gamble extended its dividend growth streak to 67 years in the first two weeks of April with a 3% increase. Most of the increases I expected in the first half of April will actually occur in the upcoming week.

Apple Among 14 Companies To Announce Dividend Growth In Late April

FactSet's (FDS) Q2 revenues grow year over year but miss estimates by a slight margin.

FactSet (FDS) Stock Gains 2% Following Q2 Earnings Beat

NORWALK, Conn., March 24, 2023 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced the appointment of Elisha Wiesel to its Board of Directors.

FactSet Appoints Elisha Wiesel to Board of Directors

FactSet Research Systems Inc. (NYSE:FDS ) Q2 2023 Earnings Conference Call March 23, 2023 11:00 AM ET Company Participants Kendra Brown - Senior Vice President, Head of Investor Relations Philip Snow - Chief Executive Officer Linda Huber - Chief Financial Officer Helen Shan - Chief Revenue Officer Conference Call Participants Brendan Popson - Barclays Alex Kramm - UBS George Tong - Goldman Sachs Andrew Nicholas - William Blair Faiza Alwy - Deutsche Bank Craig Huber - Huber Research Partners Ashish Sabadra - RBC Capital Markets Russell Quelch - Redburn Kevin McVeigh - Credit Suisse AG Shlomo Rosenbaum - Stifel Toni Kaplan - Morgan Stanley Owen Lau - Oppenheimer Operator Good day and thank you for standing by and welcome to the FactSet Q2 Earnings Call. At this time, all participants are in a listen-only mode.

FactSet Research Systems Inc. (FDS) Q2 2023 Earnings Call Transcript

FactSet (FDS) delivered earnings and revenue surprises of 4.11% and 0.13%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

FactSet Research (FDS) Q2 Earnings Surpass Estimates

News for FactSet Research Systems Stock (FDS)