Factset Research Systems (FDS) Misses Q2 EPS by 1c

Factset Research Systems (NYSE: FDS) reported Q2 EPS of $1.39, $0.01 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $247.8 million versus the consensus estimate of $246.7 million.

Factset Research Systems sees Q3 2015 EPS of $1.40-$1.42, versus the consensus of $1.39. Factset Research Systems sees Q3 2015 revenue of $251-256 million, versus the consensus of $251.6 million.

"FactSet performed very well during the just completed quarter as ASV, revenue, client and user count, and EPS all grew to record highs," said Philip Hadley, Chairman and CEO. "The first half of fiscal 2015 was our strongest first half in ASV growth since 2011 and our 14% EPS increase represented our 19th consecutive quarter of double-digit EPS growth. I am also pleased we acquired Code Red in February 2015, a leading provider of research management technologies to the investment community."

For earnings history and earnings-related data on Factset Research Systems (FDS) click here.

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