FactSet (FDS) Tops Q1 EPS by 13c, Offers FY21 Guidance

FactSet (NYSE: FDS) reported Q1 EPS of $2.88, $0.13 better than the analyst estimate of $2.75. Revenue for the quarter came in at $388.2 million versus the consensus estimate of $387.36 million.

GUIDANCE:

FactSet sees FY2021 EPS of $10.75-$11.15, versus the consensus of $11.04.

Organic ASV plus professional services is expected to increase in the range of $55 million and $85 million over fiscal 2020.
•GAAP revenue is expected to be in the range of $1,570 million and $1,585 million.
•GAAP operating margin is expected to be in the range of 29.5% and 30.5%.
•Adjusted operating margin is expected to be in the range of 32.0% and 33.0%.
•FactSet's annual effective tax rate is expected to be in the range of 15.0% and 16.5%.
•GAAP diluted EPS is expected to be in th

For earnings history and earnings-related data on FactSet (FDS) click here.

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