FactSet Research Systems Inc. (NYSE:FDS) is set to announce first quarter earning results on Monday 21st December 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, FDS to report 1Q21 income of $ 2.75 per share from revenue of $ 387.36 million.
For the full year, analysts anticipate top line of $ 1577.81 million, while looking forward to income of $ 11.04 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 1,570.00 million ~ $ 1,585.00 million, where as bottomline are predicted in a range of $ 10.75 ~ $ 11.15 per share
Previous Quarter Performance
FactSet Research Systems Inc. disclosed income for the fourth quarter of $ 2.88 per share, from the revenue of $ 383.59 million. The quarterly earnings increased 10.34 percent while revenues gained 5.30 percent compared with the same quarter last year.
Street analysts expected FactSet Research Systems Inc. to report income of $ 2.54 per share on revenue of $ 378.38 million for the fourth quarter. The bottom line results beat street analysts by $ 0.34 or 13.39 percent, at the same time, top line results outshined analysts by $ 5.21 million or 1.38 percent.
Shares of FactSet Research Systems Inc. traded up $ 1.80 or 0.52 percent on Friday, reaching $ 347.03 with volume of 467.20 thousand shares. FactSet Research Systems Inc. has traded high as $ 348.60 and has cracked $ 341.69 on the downward trend
According to the previous trading day, closing price of $ 347.03, representing a 76.84 % increase from the 52 week low of $ 195.22 and a 5.06 % decrease over the 52 week high of $ 363.64.
The company has a market capital of $ 13.18 billion and is part of the Financial Services sector and Capital Markets industry.
FactSet Research Systems Inc. will be hosting a conference call at 11:00 AM eastern time on 21st December 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, 833.726.6487 Toll Free or 830.213.7677 Toll Number, with passcode : 9276789 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.factset.com
FactSet Research Systems Inc. provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.