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FactSet's (FDS) third-quarter fiscal 2024 results benefit from price increase, sales to asset owners and growth in transactional revenues.
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite moving lower on Friday.
FactSet Research Systems Inc. (NYSE:FDS ) Q3 2024 Earnings Conference Call June 21, 2024 11:00 AM ET Company Participants Ali van Nes - Head of Investor Relations Philip Snow - Chief Executive Officer Linda Huber - Chief Financial Officer Helen Shan - Chief Revenue Officer Conference Call Participants Toni Kaplan - Morgan Stanley Alex Kramm - UBS Kelsey Zhu - Autonomous Manav Patnaik - Barclays Faiza Alwy - Deutsche Bank Surinder Thind - Jefferies Ashish Sabadra - RBC George Tong - Goldman Sachs Andrew Nicholas - William Blair Shlomo Rosenbaum - Stifel Craig Huber - Huber Research Partners Russell Quelch - Redburn Heather Balsky - Bank of America Scott Wurtzel - Wolfe Research Operator Good day and thank you for standing by. Welcome to the Third Quarter FactSet Earnings Call.
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.
FactSet Research Systems Inc. FDS is set to release third quarter financial results, before the opening bell on Friday.
FactSet's (FDS) third-quarter fiscal 2024 earnings and revenues are expected to have increased on a year-over-year basis.