Factset Research Systems (FDS) Tops Q1 EPS by 6c, Slight Miss on Revenues; Offers FY18 EPS Guidance Above Consensus

Factset Research Systems (NYSE: FDS) reported Q1 EPS of $2.04, $0.06 better than the analyst estimate of $1.98. Revenue for the quarter came in at $329.1 million versus the consensus estimate of $330.82 million.

Business Outlook

Starting with the first quarter of fiscal 2018, the Company will provide annual guidance and discontinue quarterly guidance. The following forward-looking statements reflect FactSet’s expectations as of today’s date. Given the risk factors, uncertainties and assumptions discussed below, actual results may differ materially. FactSet does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements.

GUIDANCE:

Factset Research Systems sees FY2018 EPS of $8.25-$8.45, versus the consensus of $8.19. Factset Research Systems sees FY2018 revenue of $1.34-1.36 million, versus the consensus of $1.35 million.

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

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