FactSet Beats Q3 Adjusted EPS Estimates, Reaffirms Guidance Amid Margin Pressure
FDS sits 22% above its 52-week low of $185.
Summary
FactSet reported Q3 adjusted EPS of $4.53, exceeding analyst estimates of $4.46, driven by steady demand for its data and analytics services. Organic annual subscription value (ASV) grew 7.1% to $2.49 billion. However, the company's operating margin declined to 26.7% from 33.2% year-over-year due to higher employee compensation. FactSet reaffirmed its fiscal 2026 outlook, which analysts noted was conservative and not raised despite the earnings beat, leading to a 1.8% premarket stock decline. This follows recent strategic partnerships with TIFIN.AI and Google Cloud to integrate AI into its services.
At the time of this announcement, FDS was trading at $226.20 on NYSE in the Finance sector, with a market capitalization of approximately $8.4B. The 52-week trading range was $185.00 to $453.41. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.