Factset Research Systems (FDS) Tops Q1 EPS by 5c; Guides Q2 EPS Above the Street

Factset Research Systems (NYSE: FDS) reported Q1 EPS of $1.75, $0.05 better than the analyst estimate of $1.70. Revenue for the quarter came in at $288.1 million versus the consensus estimate of $289.38 million.

GUIDANCE:

Factset Research Systems sees Q2 2017 EPS of $1.78-$1.82, versus the consensus of $1.73. Factset Research Systems sees Q2 2017 revenue of $293-298 million, versus the consensus of $295.8 million.

“We delivered another solid quarter of revenue and earnings growth in a climate that remains challenging for some segments of the market. FactSet’s resilient business model and partnership with our clients continues to be a winning formula. Our advances in technology and product are opening up more enterprise discussions with our clients and the breadth of solutions we can provide them,” said Phil Snow, FactSet CEO.

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

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